Word: indexed
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Dates: during 1990-1999
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Citibank has been taking full-page ads for what it calls its Stock Index Insured Account. "With this unique account," runs the ad, "your IRA or Keogh deposit actually earns two times the average percentage increase in the Standard & Poor's 500 Index over a five year term. Yet it's 100% safe...
...watering 50%. (These things happen too.) Had someone just bought the S&P 500 and held it for five years -- someone like Citibank -- he'd have got that mouth-watering 50% appreciation plus five years' dividends. Not bad. But had someone rolled his IRA over into Citi's Stock Index Insured Account, he would have got . . . zero. (In calculating the average, the first 48 bad months would have more than canceled out the final 12 great months.) His principal would be safe, but it wouldn't have earned a dime...
...Danny's distress is one Sister Meredith Louise, nee Meredith O'Connor (Marit Haahr), a former classmate from St. Patrick's Grammar School and the woman of his dreams. The seeming coincidence of their encounter is belied by Meredith's suspicious behavior, her intrusive questions (prepared beforehand on index cards) and her subsequent attempt to seduce Danny--actions ill-befitting a nun. Haahr is best when she play light-heartedly with her role, delightfully mixing sarcasm and naivete, seductiveness and innocence. Her dizzy ramblings and confused fumbling with her ever-present index cards are endearing...
Janet L. Thompson, manager of insurance programs, says these increases have been less than the rise in the consumer price index and in annual medical costs nationwide. How does UHS do so well? "Management techniques," she says, refusing to specify further...
...meet the challenge of discount and generic brands. Fears of a price war prompted Wall Street to dump tobacco stocks. Philip Morris shares plunged $14.75, to $49.38, and since the company is among the 30 firms whose stocks are in the Dow Jones Industrial Average, that bellwether index plummeted. A weak bond market and news that the unemployment rate remained at 7% in March helped intensify the rout on the Big Board. The Dow was down nearly 69 points on the day, to close...