Word: dollarization
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...values and work ethic that produced their nest eggs in the first place. "So many wealthy families don't know anything about raising kids in a healthy environment," says Thayer Willis, author of Navigating the Dark Side of Wealth: A Life Guide for Inheritors. The daughter of multimillion-dollar parents herself, Willis says she was a "spoiled brat" in her youth. She quit jobs whenever things didn't go her way and spent money without limits - until she realized this was not the path to a satisfying existence. "Outsiders think, 'If I just had financial wealth, life would...
Armed with this information and a few reasonable if not entirely uncontroversial assumptions about how the economy works, Zandi's firm has estimated the one-year impact on GDP of several stimulus proposals per dollar of spending or lost revenue; for example, a tax rebate like this summer's would generate $1.22 on the dollar. Extending unemployment benefits would bring in $1.63; infrastructure spending, $1.59; and a temporary increase in food-stamp benefits, $1.73. Making the Bush income tax cuts permanent would bring in just 31˘ on the dollar. So spending increases would seem to be in order. Bush...
Clean, renewable energy. In fact, I'm in it a little bit and I want to get in it more. I have a multimillion-dollar stake in First Solar, which is one of the publicly held solar companies...
...Harvard College Financial Aid Office Web site is a prominent statement: “Helping You Meet Your Needs.” Peruse the site further and you will find it is replete with reminders of the financial might of an institution supported by a multi-billion dollar endowment...
...These jobs are divided into two categories: those paid for by the Federal Work Study Program and those that aren’t. Although FWSP jobs benefit these students, perhaps they benefit those that employ them even more. While the employers are obliged to provide 30 cents on the dollar to their students, the federal government covers the rest. One-third of the SEO’s jobs fall under this category and include much sought-after on-campus ones, such as library positions...