Word: fires
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...feared corruption and disagreed over whether bankruptcies should be regulated by the Federal Government at all. The Bankruptcy Act of 1898 expanded debt protection not just for creditors but for corporations as well, but as late as the 1970s, most highbrow firms still saw bankruptcy as an undignified fire sale. Looking to help steer more troubled companies back into the black, Congress simplified filing for both personal and corporate bankruptcy. The change got results: from 1980 to 2005, the number of bankruptcies increased sixfold. A stricter 2005 law made a dent in the number, but four years later...
...believed the door was open should he ever want to return. Jobs did not beg him to stay, and they worked out a plan for an orderly transition. Rubinstein went south and built his house, inventing a clever firefighting system that pumps water from the swimming pool (the closest fire department is 35 minutes away...
...that does not mean that buying and holding a portfolio composed mostly of stocks--the standard investing advice of the past quarter-century--makes sense for all of us. In the past few years, the mantra of "stocks for the long run" has come under fire from some respected students of financial markets. Their two main critiques have to do with those terms long run and best. The first debate centers on whether you can count on stocks' long-term advantage to work out over your particular investment horizon; the second is about whether an investment as risky as stocks...
...anneleer reports of machine gun fire & army shooting civilians in Azadi Sq. situation very volatile - dangerous night ahead #iranelection...
...Seattle native: an athletic, hardworking student, now 21, who maintained three jobs while studying at the University of Washington to be able to afford to study abroad; a lover of the outdoors who cherished hiking in the mountains that flank her home city; an innocent victim of rapid-fire media and the public's bottomless hunger for lurid scandal...