Word: highers
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Paying a $25 million or $30 million bonus to a Goldman Sachs or JPMorgan Chase or Morgan Stanley higher-up this year is obscene because none of these firms would exist if our government and others hadn't stepped in to save the world financial system. If these companies have all that money around, largely courtesy of us, they ought to send it to the U.S. Treasury. But paying a $250,000 bonus on top of a $150,000 salary to a worker bee is a different story...
...policy of forced, unnecessary conservative investing. The community may suffer with Harvard’s losses, but it benefits from its gains as well. Struggles in Cambridge are also being felt nationwide—Harvard was not the only major employer and investor to suffer in this crisis. Higher risk investments often yield high returns and enlarge the endowment, and such gains will help the community emerge from the doldrums. If anything, this situation reinforces the folly of long-time demands by advocates such as Senator Charles E. Grassley, who until the crisis demanded higher spending from Harvard?...
...poll found that only 1 in 5 voters now identifies as Republican. And the "Party of No" label might be starting to stick: a recent CNN poll found that GOP favorability has slipped to its lowest point in a decade - just 36% (though Democrats don't rate much higher). Former Republican heavyweights such as Bob Dole and Bill Frist have been pushing current party leaders on Capitol Hill to work with Democrats on health-care reform, which increasingly looks like it will pass in some form. And even a few of their own have begun to show impatience. "Ronald Reagan...
...said he attributes the higher proportion of vitamin D deficiency among populations with darker skin tones to the greater amounts of melanin in their skin. As melanin impedes vitamin D production, it takes significantly longer for someone with darker skin to produce the adequate amounts...
...Bluestar, a mission to flush out Sikh separatists who had amassed weapons in the Golden Temple in Amritsar in northern India. While the operation was considered a success, almost 500 Sikh civilians visiting the temple that day were killed by the Indian army, though unofficial reports suggest numbers much higher. (Read TIME's coverage of the riots' aftermath...