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There might, though, be a way to restore or even enhance the 30,000-ft. view. Personal-finance-management tools, like those found at Mint.com and Wesabe.com are starting to gain traction among consumers (and not just the hard-core ones who have long relied on Quicken to interpret their finances). These programs pull together online statements and, with features like pie charts, show how much of our money goes to groceries, how much...
...Calliope feels out of place in her private preparatory all-girls school. “Until we came to Baker & Inglis my friends and I had always felt completely American. But now the Bracelets’ upturned noses suggested that there was another America to which we could never gain admittance... It was about something that had happened for two minutes four hundred years ago, instead of everything that had happened since. Instead of everything that was happening now.” The confusion as to what comprises national identity reflects the complexity of what determines sexual identity. Each have...
...competition. Last month, Alan Greenspan argued that institutions deemed “too big to fail” operate under an implicit subsidy from the government, since they would likely be rescued in a future financial emergency. This allows these banks to borrow more cheaply than their competitors and gain even greater market share. Today, four conglomerate banks (JPMorgan, Citigroup, Wells Fargo, and Bank of America) hold 39 percent of all domestic deposits. Placing this many eggs in four baskets will harm the entire economy should one mega-bank falter in a future downturn...
...earliest courts-martial in U.S. history occurred in 1779, when Major General Benedict Arnold was tried for using troops for personal gain (he was acquitted of most charges, though convicted of two minor violations). A delay in starting the trial so irritated Arnold that it may have contributed to his betrayal of the nation shortly afterward. A famed 1925 military trial involved Billy Mitchell, an officer in the Army Air Corps who was tried for openly criticizing his superiors for failing to develop airpower fast enough. He was convicted and suspended from active duty with no pay for five years...
...goal] at the end of the second period was a big goal for us to gain momentum going into the third,” Rogers said...