Word: fallen
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...CALLED. Many preferred shares are "callable," meaning that the issuing company has the right to cancel them on a certain date if interest rates have fallen sharply. Always find out whether and when a preferred issue is callable. Insist that your broker give you not just the current dividend yield but also the "yield to call." That will estimate your income if the issue gets yanked away...
...white and blue American pride in my mind, but instead a series of disastrous or meaningless celebrations. I recall the time 12 years ago when my best friend spent the whole celebration at Baltimore’s inner harbor crying because, she claimed, a firework had inexplicably fallen from the sky and hit her eye. I think of July 5, the night my parents usually took me to see fireworks during my childhood so that we could avoid the crowds. I remember my high school friends complaining about the admission price to hear the local orchestra play patriotic music...
...WTCB, or World Trade Center Bombings, this was the South Asian superpower alignment: China was Pakistan's big buddy, selling weapons and providing logistical and technical support to a state that had fallen on the U.S. blacklist after years of friendship. The U.S., meanwhile, was seen to be shifting into India's camp, evidenced by Bill Clinton's visit in 2000. In the post-WTCB world, the U.S. has had to enlist Pakistan as an ally in the war on terror, while China and India, who fought a war in 1962, have found more common ground than either side thought...
...Leela Palace, tel: (91-832) 287 1234, is something of an institution, setting the benchmark for opulence in Goa for many years before the arrival of slicker competition. Its palatial lobby is still impressive, though some say the standard of service has fallen off in recent times. Take note though: Aman, the Singapore-based resort chain, just took over the running of the property and has plans to upgrade...
President Bush may have won a battle in Iraq, but terrorism will continue to threaten us all long after the last statue of Saddam Hussein has fallen. LEXY MOSTAZA Madrid...