Word: enormouse
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What opponents fail to appreciate is the enormous amount of money that would be injected back into the economy. With 15 to 20 percent more money yearly in the average American's pocket, he or she could decide how much to save for retirement, instead of relying on Social Security...
Vinik typified the dual problem Fidelity has struggled with recently. On the one hand, it has had to contend with disappointing performance; on the other, it has come under criticism for being too unpredictable in its investments. Magellan underperformed because Vinik put an enormous chunk of the fund in bonds...
The clients, and potential clients, whose expectations Fidelity must now worry about more than ever are the corporate sponsors of 401(k) plans. At the end of 1993, Fidelity had $37.5 billion in 401(k) money under management: 9% of the market. Four years later, the company had sucked in...
The dwindling of reefs in the world's oceans, scientists acknowledge, will not immediately destroy the organisms that build them. Many corals spawn en masse, releasing a vast pinkish slick of fertilized eggs that ride ocean currents for hundreds of miles. In the natural cycle, one reef rises as another...
Diane Keaton was stepping out of Annie Hall fame into a more risque role in Looking for Mr. Goodbar: "She [says] she is insecure about her looks...[But] a listener can endure only a certain amount of this nonsense without contracting an enormous crush on Keaton. She marches sturdily into...