Word: investers
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...confess: I love fashion. I study the magazines; I shop; I spend more than I should. To look chic is to feel great. No matter how we women yearn to be valued for other qualities, we invest a considerable amount of our psychic selves in our appearance. We're not all born beautiful, but we can make the most of what we've got. That's the art of style: improving on nature. Fashion helps us shape that sense of style, give it definition, freshness, sparkle, zing...
...There is plenty of money in this state,"Stevens says. "We're the third richest state inthe country. It's the priorities we need tochange. We need to invest in human beings ratherthan businesses...
...like that. It made money. But in the late 1970s, the same winds that were beginning to upend the boring old savings industry -- high inflation and high interest rates -- were blowing across the insurance fields as well. As interest rates rose, insurers began competing ruinously for customer premiums to invest at those high rates, especially in the lines of insurance that had "long tails" -- decades, often, between collecting premiums and paying claims...
...forced many institutional investors in Japan to dump foreign holdings to bolster their dwindling supplies of cash. While Japanese industrial giants still crave strategic mergers with glamorous U.S. firms, as in the case of Matsushita Electric's expected bid for Hollywood's MCA, they are less apt to invest in American real estate. Several Japanese investment firms that bought U.S. buildings during the 1980s are now quietly putting the edifices back on the market...
Presidents, Prime Ministers, a King and a Cardinal gather at the United Nations to discuss the plight of the world's most vulnerable citizens. What kind of leadership can the U.S. offer? Not much, so long as we stubbornly refuse to invest in health care, education and basic support programs for the young...