Word: indexed
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Dates: during 1990-1999
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DERIVATIVES, THOSE HOT "BASKETS" OF FINANCIAL products that balance risky but potentially lucrative investments with conservative ones, are at your corner bank. For people rolling over IRA and Keogh money, Citibank offers a five-year deposit account with income tied to Standard & Poor's 500 stock index. Put in $10,000 now when the S&P is 450, and if the index average climbs 150 points by 1998, Citibank will return $6,660 along with the principal. Next to a conventional five-year CD, which would pay $2,613, the stock-linked account looks like a skyscraper. Should the market...
Bossert said that such innovations as a pension plan tied to the cost of living index and a long-term health care plan that would cover nursing-home care would definitely ease professors' fears about retiring...
...creative." Two graduate students, positioned at opposite ends of the 50-ft. tank, throw full body and soul into communicating this message to the animals, Phoenix and Akeakamai. First the humans ask the dolphins to pay attention by holding a finger high in the air. Then they tap the index fingers of each hand together, forming the gesture that has been taught to mean tandem. Next they throw their arms up in an expansive gesture that signifies creative. The dolphins have just been told, "Do something creative together...
...past seven years, Sanders has pocketed some $29 million in option profits during the same period. United States Surgical Corp. chairman Leon Hirsch has been awarded 2.8 million shares (current market value: $186 million) since 1991, even though his company's stock has underperformed the Standard & Poor's 500 index by 3 percentage points. The award is an extreme example of so-called mega-options, grants consisting of at least 250,000 shares. The number of mega-options issued by corporations has increased 300% since...
...Then we put the songs that we had written on a little bulletin board on index cards. I organized them with blank ones in between and said, now we can write a song here about this, or a song here about that. He created the world, and I brought it order...