Word: hearded
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Anyone who feels as though there's been no way to make money in the stock market this year hasn't heard of Emergent BioSolutions. While broad indexes are off some 40% since Jan. 1, Emergent, which makes anthrax vaccines and is broadening into flu shots, is up 376%, to $24.11. Emergent is the top-returning stock in 2008 (through Dec. 12), according to an analysis done for TIME by Thomson Reuters Datastream. And Emergent isn't the only company that's been pleasing shareholders. This probably isn't going to make you feel any better about your brokerage account...
...course, we never heard the name Madoff - which has a peculiarly Dickensian ring now - and had no idea how he achieved such fantastic returns over the past 40 years. All we knew was that my wife's entire family had been in the fund for decades and lived well on the returns, which ranged from 15% to 22%. It was all very secretive and tough to get into, which, looking back, was a brilliant strategy to lure suckers. Unlike the usual Ponzi mechanics, the fund even stopped investments into accounts a few years back, at least in our network. There...
...mother struggles to send her and her brother to private schools because no scholarships are available. Tamberino didn’t want to strain her family’s finances any further, and she said that she was “blown away” when she heard about Harvard’s financial aid program during her junior year, naming it as a key reason she applied...
...decade ago, no one had ever heard of a blog. Now, there are 112 million of them, with 50,000 new ones going up every day. Columnist Arianna Huffington, creator of the blog-filled news site The Huffington Post, has done as much to popularize these web diaries as anyone around. She and her editors are betting that some of those millions of enthusiasts would like what is best described as a Blogopedia. In it, the HuffPost's editors and a slew of public figures who post on the site (from Nora Ephron to Harry Shearer to Gary Hart) answer...
Papa, 22, is from Senegal and has lived in Spain for a year. He had heard that growers weren't hiring foreigners this year. "But it's the same as what you think when you leave Africa. You hear that it's hard to find work in Europe, you hear that you need papers, but you think it's not true, that...