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...foreclosure cases we now see in the office are no longer the people who got connived into taking inappropriate mortgages—mortgages that encouraged the buyer to pay only interest and not build equity in the house, or that would reset in 2 years and double their payments. These days, the typical homeowner facing foreclosure seems more likely to have simply lost a job—in a steel plant or a bank or as an auto-mechanic—and fallen behind on payments...
...publishing house, working as an editorial intern. I mailed and messengered books, learned the ins and outs of UPS and DHL. I answered phones. I photocopied first-pass proofs and book contracts and signing checks. I also wrote rejection letters. I was taught by the very best. Sometimes, I got Thank You notes...
...Luckily, a press badge got me in even ahead of the earliest arrivers. I felt like a bit of a sham as I stepped in front of a chubby 11-year-old with glasses, braces, and a wide grin that never left his face. His grandfather spoke no English but hovered behind him and smiled toothlessly. They reminded me of Charlie and the Chocolate Factory, as they carried the golden ticket of excitement through the nonchalant reporters piled onto the top deck, and were the first to look through the telescope that was about three times the size...
...biggest presidential birthday perk of all, though, may be the presents. In 1912 the people of Staunton, Va., Woodrow Wilson's hometown, gave the President miniature ivory portraits of his parents. George W. Bush in 2006 got a belt buckle from visiting Canadian Prime Minister Stephen Harper and cuff links from his staff. But the best presents of all have been the priceless ones. On Nov. 2, 1920, Warren Harding returned from a golfing excursion to find 55 small pink candles on a frosted white cake. Then he sat back to await the election returns - and learned he had been...
...private organizations and all levels of government to set up networks of charging stations. The effort isn't limited to Japan: Nissan has formed 27 partnerships around the world to clear the way for EVs. "They know people are going to need [an electric-vehicle ecosystem] and it's got to be part of the package," says Chris Richter, senior research analyst for CLSA, a Hong Kong-based brokerage. "Nissan is pulling together the whole package of subsidies, charging, recycling of batteries - the whole kit." (See the 12 most important cars of all time...