Word: equalization
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Dates: during 2000-2009
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...money managers at Dodge & Cox have heard the adage that a camel is a horse designed by committee. They politely disagree. Their horse, you see, keeps winning. Each of the firm's four mutual funds has from nine to 18 portfolio managers, and every one gets equal say in which stocks and bonds to buy and sell. "The investment business is permeated with the lore of the individual. We think that's a bad way to manage money," says CEO John Gunn, one of many decision makers. "There are a zillion independent variables, and it's very hard...
...nation's capital. Over the July 4 holiday two years ago, Senator George Voinovich was wending his way down the Potomac River, toward George Washington's Mount Vernon estate, accompanied by a delegation of European security experts, in town for a conference. A motorboat draped in banners that read "Equal Voting Rights for D.C." drifted up alongside the boat. Voinovich, an Ohio Republican, found himself at a loss for words. "It was very difficult to explain to my European friends why the people who lived in the District of Columbia - the heart of our government - had no representation," Voinovich recalled...
...represent 70% of costs for a new product, but only 40% for a remanufactured one. And because there's less casting and smelting, a particularly power-hungry aspect of production processes, energy costs are up to 85% lower than in manufacturing new products. Consumers benefit, too. Remanufactured goods are equal in quality to new ones, but they're often 50-60% cheaper...
...What left me confused was that there is no reason to limit divestment to those three companies," Millenson said. "There are others that are equal offenders, which is precisely why we develop criteria...
Whether that is the Kirchners' plan remains to be seen. But it is all within the realm of Argentine political tradition. President Juan Peron's second wife Eva (or Evita, as she has become known in history and musical theater) was clearly his equal and, if not for her early death, may have become his successor. Peron's third wife Isabel was elected as his Vice-President and did succeed him after he died in the presidency in 1974. She was deposed by a military coup...