Word: mutuals
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...only to that part of the Italian public that supports the opposition anyway. Those who vote for Berlusconi are entirely indifferent to it." Trying To Generate Interest Paying clients interest on checking accounts may be old hat in places like the U.S., Britain and Spain. But when France's mutual group Caisse d'Epargne announced last week it would begin doing so, it was heralded as revolutionary. Caisse d'Epargne's promise to pay 0.5% to 1% interest on its roughly 4.5 million current accounts make it the first major bank in France to exploit last month's regulation changes...
...foreign money into Indian stocks has me spooked. The Indian market has often proved a terrific place to lose money. If you had bet on the Sensex in, say, 1992, you would have been 30% poorer by 2003. But today there is an endless new supply of India-focused mutual and hedge funds, many with wonderfully alluring names like (my favorite) the Monsoon India Inflection Fund...
Budnitz is at her best when dwelling in this fantastic reality, but only when her issues stick to the very personal. “Preparedness” tells the absurd story of a gun-totin’ American president who issues a false alarm of mutual assured destruction (MAD) and is horrified to see citizens doing anything but taking cover, instead fulfilling their long-latent fantasies. The story catalogs beautiful glimpses of life in an Edenic state of anticipated death, recurring with each subsequent government MAD “fire drill.” But the scenes of the president...
...believable. Nixon inherited those presumptions, though he came to question them. He did not believe that the bombing of civilian populations wins wars. Eventually the whole problem was to be made immaterial, once Soviet and American nuclear weapons so grew in numbers and in power that the threat of mutual annihilation emerged as the only strategy available to either side. At first Nixon observed this process. Later he managed...
...news media about whether their coverage of the hostage crisis was "helpful or hurtful from the standpoint of getting the crisis ended in a satisfactory manner." Meese carefully noted that the ability of the press to speak freely should be protected, but added, "There is an area of mutual good will on the part of the press and law enforcement authorities. There are areas where the press itself is not only willing but anxious to cooperate." Meese suggested the possibility of negotiated agreements with the Government "to delay the release of information which would be inimical to the peaceful...