Word: interested
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Dates: during 2000-2009
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...high-speed flowering of interest, melancholy and remorse is common at the sudden early passing of a superstar - James Dean, Marilyn Monroe, Jimi Hendrix, Princess Diana - whose life is marked by achievement and controversy. Jackson's death and commercial resurrection are eerily like those of Elvis Presley, dead at 42. One Hollywood cynic, learning that Presley had just died, commented, "Good career move." Cutting but prophetic: Elvis sold far more records after his death than before. Presley's daughter Lisa Marie, Jackson's wife for 20 months in the mid-'90s, recalled a few days ago on her MySpace page...
...worth more dead than alive. The 1,000 hours of video of the final rehearsals of his London show could be worth about $500 million in gross sales of DVDs, CDs and other items. His assets include half ownership of music publisher Sony/ATV, worth $1 billion. His small remaining interest in Neverland could skyrocket in value; so will his personal items when sold. But his staggering debt, perhaps $500 million, reflects a lifetime of indulgence on antiques, houses, helicopters, more than $100 million in annual upkeep on the 2,500-acre (1,000 hectare) Neverland estate and the hosting...
These changes, alongside a $619 increase in the maximum Pell Grant and a reduction in the interest rate on new federal loans, arrive at a moment of seemingly runaway college costs on one end and a dismal economic outlook on the other. The Obama Administration is trying to lessen the pressure on aspiring students in ways both big and small. Last week, Secretary of Education Arne Duncan announced a plan to simplify the Free Application for Student Aid (FAFSA) - the form to apply for federal dollars - cutting at least 20% of the questions and making it easier to fill...
...Like the dotcom and property bubbles before it, the nascent IPO mania is being inflated by outsize expectations and good old-fashioned greed. Retail investors are growing tired of keeping their cash in banks that pay next to nothing in interest and are increasingly fearful of missing out on the stock market's continuing rise...
...Kanno stressed that to avoid a double-dip recession, it's critical that the government gets the timing right when it begins to reverse loose fiscal and monetary policies as the economy improves. For example, raising interest rates - now effectively zero - too quickly could nip a recovery in the bud. "We need to be careful about the response of the market and the economy to the expected government's and central bank's exit policy," says Kanno. "Normalization policy may trigger the next downturn...