Word: iras
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When the babel died down, some observers thought the task force seemed quite taken with price controls. Hillary's deputy, Ira Magaziner, agreed. Controls might be problematic, he said, but huge yearly cost gains were "not a pleasant reality either." Perhaps mulling such choices, the Administration later hinted that its May 3 deadline for the finished plan might be pushed back...
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...
...want to thank Dhananjai Shivakumar, in his letter of March 6 to the Crimson, for pointing out that I did not imply that all Black students deserve C's. Witching Mr. Ira E. Stoll (in the Crimson of March 5) defend the integrity of his newspaper and freedom of the press to Ali, I couldn't help wondering: if he were a professor, would he ever give Black student...
Schmoozy events such as this are not usually my beat. My anti-establishment (any establishment) leanings are hardly a secret. Crimson President Ira E. Stoll '94 was being ironic when he suggested that going to this "would allow me to do what I like best." But I would probably trudge in the snow to meet the Republican National Committee Chair if I thought I could get a column...
...called sin taxes, the Administration is considering a number of other levies to recapture the savings that private companies will enjoy from a national health-care system. The taxes were described in a memo, which was leaked to the Wall Street Journal, from Clinton adviser Ira Magaziner to task-force leader Hillary Rodham Clinton. Among the levies discussed: taxes on benefit plans that offer coverage above a certain level (currently all employee health-care benefits are exempt); a corporate tax in addition to the general increase in the corporate rate to 36% that the President proposed last week; and taxes...