Word: moneys
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Dates: during 2000-2009
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Then there are the financial forecasts. No one loves a look at the year ahead more than the folks who manage money for a living (or who sell advice about how to manage it). That makes perfect sense. Unlike the people predicting, say, the rise of homemade beer, the professionals who get paid to grow portfolios really ought to have a handle on the future. What's the best way to make money? Figure out what's about to go up in value and buy a lot of it before anyone else catches on. (See the best business deals...
...proven wildly wrong. So then why venture such big, bold guesses at the future in the first place? Well, because one forecast might be close enough to right to pay off handsomely. "A lot of unexpected things happen each year, and you can make a lot of money as long as you get some of them right," says Byron Wien, a Blackstone Group vice chairman who puts out an annual list of ten surprises for the following year. "If you cut your losses on what you get wrong and let your winners runs, you can do very well...
Here's a riddle: If a woman is denied a mammogram at age 40 and dies at 45 of breast cancer, how much money does her insurance company save...
...Groups caring for children born with horrific deformities from Agent Orange - such as malformed limbs and no eyes - are wondering why they haven't seen any of that money. Bedridden and unable to feed themselves, many patients need round-the-clock care. As they age, and parents die, who is going to look after them? asks Nguyen Thi Hien, director of the Danang Association of Victims of Agent Orange. She says donations to her group, which cares for 300 children, are down 50% because there is a belief that local charities are flush with cash thanks...
...stepfather, João Lins e Silva, has diligently followed due process in his attempt to retain custody of his late wife's son. (She died in childbirth earlier this year.) But there is still a sense that the already slow legal system is being swayed, in part, by money and influence. Sean's stepfather's family, the Lins e Silvas, is well known in Brazilian legal circles and they have so far used the system skillfully to retain custody of the child. (Can Rio's crime problem be solved before the Olympics...