Word: dollarize
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Dates: during 2000-2009
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Erik Prince, 37, Blackwater's ambitious founder and sole owner, could have taken over his father's billion-dollar auto-parts empire. But he was attracted to the battlefield from a young age. He enrolled in the Naval Academy at Annapolis, Md., and although he finished college at a school closer to home, he eventually became a naval officer and was attached to the élite Navy seal Team 8 based in Norfolk, Va. He served in Haiti, Bosnia and the Middle East. In 1995, when his father died, Prince left the Navy and returned to Michigan...
...Justice Mapping Center, if you can pinpoint the few-block area that produces the most criminals, you can create programs that specifically target the problems of the people who live there and help them avoid the behaviors that land them in jail. That, in return, could save millions of dollars. New York State spends $42,000 an inmate a year. Multiply that by the number of prisoners who grew up on the same streets in parts of Harlem, the Bronx and Brooklyn, and you get what Cadora calls "million-dollar blocks" because that's what it costs the state...
...With expansive tree-lined streets and stately million-dollar homes, Myers Park is one of Charlotte's most desirable addresses. Its superb high school, which offers the International Baccalaureate program and a rich menu of Advanced Placement classes, is a big part of its appeal. The school serves 3,000 students, 66% of them white, 22% black and 4% hispanic. North Carolina designated it a School of Distinction; Lloyd Wimberley, who headed the school from 1996 to 2002, was named North Carolina Principal of the Year in 2002; and the school has consistently ranked in the top 20 on Newsweek...
...should be the duty of those in the media, people with such unfettered access to the masses, to at least begin raising those questions. The intent to make a dollar is fine and dandy, but there should be another goalāto start a dialogue regarding serious issues...
...monetary worth of the art, refusing to disclose the holdingsā estimated worth for insurance reasons.āWe do not ācollaterizeā our collections. In other words, they are priceless, irreplaceable, and we do not speak of them in terms of dollar value,ā Deputy Director of the Art Museums Richard Benefield says in an e-mail. Yet the collection is littered with priceless masterpieces. From its famous self-portraits of Vincent Van Gogh and Max Beckmann to its collection of Pablo Picasso paintings to its comprehensive set of Chinese jades...