Word: lasting
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...seize control of Detroit's public schools in the fall of 2008 and then look for someone to fix them. After a wide search, she settled on Bobb, who had a reputation for restoring fiscal sanity to city governments - including managing public-school-system budgets. When Bobb arrived last spring, here's what he found: Contracts had been stuffed in office drawers. The district couldn't afford new books. Gas was siphoned between buses. The district had to borrow money to pay its employees. There wasn't even a chief financial officer managing the system's $1.3 billion annual budget...
...school-bus depots, at barbershops, churches and grocery stores to prod parents to get their kids to school each day - on time. His schedule is often double-booked, partly because he knows he must quickly build support for his plans, like a $500.5 million proposal - approved by voters last November - to build or renovate 18 schools. He has recently signed on for a second year. It won't be any easier than his first. "Change is painful," Bobb says, adding, "We cannot be afraid to win - or fail...
...Each entering class at Ariel - a K-8 public school that has partnered with a local money-management firm since the mid-1990s - is entrusted with a $20,000 investment portfolio, and by seventh grade, kids are deciding what to buy and sell (profits help pay for college). Last year, for the first time, the eighth-grade class graduated with less than the original $20,000. Talk about a teachable moment: stocks don't always go up. (See the 25 best back-to-school gadgets...
...about resistance. No matter how promising ARV drugs were, HIV inevitably found a way to evade them. So while the agent seemed to reduce the burden of virus in the blood up to 90% in patients with full-blown AIDS, no one knew how long the viral standoff would last. The company's leaders wanted Ho's opinion on whether the agent was worth developing further...
...seen federal benevolence backfire before in this economy. Last February the White House - determined to rescue homeowners from foreclosure as the housing market crashed - launched its $75 billion Making Home Affordable program. The program not only failed to reverse a rise in foreclosures but also caused many homeowners to crash their credit ratings or throw monthly payments into homes they would ultimately lose anyway. Economists, meanwhile, say government efforts to keep people in homes they can't afford are painfully prolonging the nation's housing crisis - which doesn't help anyone...