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...pension funds and other nonprofit (i.e., tax-free) investors. And that new demand is driving down the yields on traditional muni bonds because there are relatively fewer of them issued. BABs, unlike traditional munis, are taxable. For most individual investors, the interest-rate difference is a wash - a high net worth investor would owe the extra yield they get from the BAB back in taxes, so they'd wind up with roughly the same after-tax yield as if they had bought a lower-yielding tax-free muni...

Author: /time Magazine | Title: A Stimulus Success: Build America Bonds Are Working | 11/17/2009 | See Source »

Penn committed 10 service errors in the match, and the Crimson exhibited strong net play, out-blocking the Quakers 12-6. Harvard also held sizeable advantages in both kills, 82-50 and digs, 98-75. The Crimson sealed the victory in the fifth set by avoiding any attack errors...

Author: By Erika T. Butler, CONTRIBUTING WRITER | Title: Split Marks Final Weekend | 11/17/2009 | See Source »

Landry’s tally overshadowed a breakout performance by Crimson freshman Josephine Pucci, who scored her first career goal with 1:26 left in the third period to put Harvard back in the game. Open at the point, she slammed the puck into the back of the net to tie the game, 1-1, and shifted the momentum in favor of the Crimson...

Author: By Christen B. Brown, CONTRIBUTING WRITER | Title: Tigers Topple Crimson In Final Seconds of OT | 11/17/2009 | See Source »

...Crimson outshot the Tigers in overtime, 4-1, but came up empty handed when sophomore Heather Landry stole the puck from Harvard and raced towards the net on a breakaway—scoring the game-winning goal with only 31 seconds to play in overtime...

Author: By Christen B. Brown, CONTRIBUTING WRITER | Title: Tigers Topple Crimson In Final Seconds of OT | 11/17/2009 | See Source »

Junior Laura Martindale fed the puck to sophomore Danielle DiCesare, who launched a shot at senior goaltender Christina Kessler. The puck bounced off Kessler’s pads and right onto the stick of a charging Landry, who slammed a shot into the empty side of the net to give the Tigers a 1-0 lead...

Author: By Christen B. Brown, CONTRIBUTING WRITER | Title: Tigers Topple Crimson In Final Seconds of OT | 11/17/2009 | See Source »

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