Word: investments
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Dates: during 2000-2009
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...important. Led by the greenish utility giant Florida Power & Light (FPL) - with corporate behemoths like General Electric and Cisco and the bright startup Silver Spring Networks - the Miami smart-grid program will be by far the largest in the U.S. If it succeeds, FPL plans to invest another $500 million to roll out the service to all of its 4.5 million customers. "This is not a science-fair project," says Jeffrey Immelt, CEO of GE, which will be providing smart meters for the initiative. "This is commercial technology that shows the smart grid is real." (Read "How Vulnerable...
...could have sold tickets: Bernie Madoff approaching Donald Trump in Palm Beach, asking whether Trump would like to invest some money with him. The Donald, as he recalls in his new book, Think Like a Champion, said no. He also calls Madoff "a scoundrel without par." And refers to himself as "a genius." For those who see Trump's blazing self-confidence as a perfect antidote for these depressing, recession-wracked times, the Donald also continues to buoy spirits with his hit NBC series, The Apprentice. TIME senior reporter Andrea Sachs reached Trump at his Trump Tower office in Manhattan...
...write that Bernie Madoff asked you to invest with him, and you turned him down. How did you know it wasn't a good deal? Well, I didn't know too much about Bernie Madoff, other than so many people in Palm Beach were investing with him. But I just believe in investing my own money. I don't like paying fees to people to invest my money. I can invest my own money...
...beneficiary. If your child is young, the account has a long time to bounce back before you'll need the funds for college. If you stand to reap big tax savings, however, liquidating may be worth it since you could later re-invest the money in another 529 account. Just make sure to wait at least 60 days before you open a new 529, or the IRS may consider it a rollover, which isn't deductible for tax purposes...
Raleigh is part of a new generation of South African filmmakers determined to take back the country's stories and invest them with a spirit that goes deeper than skin. He produced 2005's Tsotsi, a film about a township hoodlum who steals a car - and the rich black couple's baby in its back seat - which shattered once and for all the naive but, among outsiders, popular notion that all South Africa's stories can be framed in terms of black and white. Another is director Michael Raeburn, who has just released Triomf, a bleak examination of a poor...