Word: kept
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...didn't yield smarter investors. In the 1990s, employees at some fast-growing companies kept up to 90% of their 401(k)s in company stock. When Enron and WorldCom tanked in 2001 and '02, they each took more than $800 million in savings with them, prompting landmark lawsuits. The current meltdown has skimmed about 20% from 401(k)s since 2007 and ignited debate over their retirement-income reliability. "Unlike Wall Street executives, American families don't have a golden parachute to fall back on," said California Representative George Miller at an Oct. 7 hearing on retirement savings...
...enjoyed reading Robert Redford's tribute to Paul Newman but was disappointed that Redford felt the need to interject so much about himself [Oct. 13]. He should have kept the focus entirely on his exceptional and talented friend. Mary Knaus LeCluyse, LEAWOOD, KANS...
...been triggered by a financial crisis, but its lasting story is written in the miseries of massive unemployment. Some 25% of the labor force stood idle in 1933--a rate that never went below 14% for the remainder of the decade. No unemployment insurance backstopped laid-off workers or kept communities going when paychecks disappeared. Given the demography of a workforce in which scarcely any married women toiled for wages, a 25% unemployment rate effectively meant that nearly 1 in 4 households had no income...
...college, and especially Ivy League football, star players shine briefly in four year cycles and then leave for careers in business, law, and, rarely, professional football. Harvard coach Tim Murphy and his staff have kept the Crimson this good for this long by consistently recruiting new top-level talent to replace the squad’s existing batch of athletes...
...Office,” for instance—a cappella attracts hundreds of new students each year. Despite a burgeoning scene that taxes resources, space, and perhaps the patience of Harvard’s audiences, the sense of community found in rehearsals like this one is what has kept a capella enduring for decades...