Word: plan
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...instance," Zuckoff explained in a Dec. 15 article for FORTUNE, "a person could buy 66 International Reply Coupons in Rome for the equivalent of $1. Those same 66 coupons would cost $3.30 in Boston," where Ponzi was based. But there weren't enough coupons in circulation to make the plan workable. The ploy bore the hallmarks of both Miller's scheme and others to follow it: it trumpeted the possibility of massive gains (Ponzi promised a 50% return in just 90 days), parried questions about its legitimacy by paying out the first few investors, and collapsed when Ponzi couldn...
...campus. “I’ve watched people crash and burn trying to do it,” she says, referring to two students who ultimately changed concentrations after returning to campus.With the clock ticking, Peisker turned to the Department of Government, presenting her situation and her plan to spend a year abroad. “Are you still going to take me?” she asked. “They said ‘sure.’” The department gave Peisker credit for all of the classes that counted for social studies...
...More than $2 million in BerkShares have been issued through the 12 branches of five local banks, according to Susan Witt, executive director of the E.F. Schumacher Society, the nonprofit behind the currency. And in South Africa, proprietary software keeps track of Community Exchange System (CES) Talents; one ambitious plan is to make Khayelitsha, a vast, desolate township of perhaps 1 million inhabitants near Cape Town, a self-sustaining community...
...didn't help that on the same day the Poznan talks concluded, the European Union - long the world's carbon-cutting leader - took a step backward. Europe had previously pledged to reduce its carbon emissions 20% by 2020 - the so-called 20-20-20 plan - and in Brussels on Dec. 12, representatives confirmed that goal. But instead of forcing electric utilities to pay for the right to emit greenhouse gases - as a draft plan from earlier in the year had prescribed - the E.U. bowed to complaints from poorer nations in Eastern Europe, allowing utilities in those countries to continue getting...
...sensible, civic-minded spirit doesn't guarantee the losing camp won't sue when it's all over. But Minnesota law, which was perfected after a gubernatorial recount in 1962, has a plan in case of a dead tie: a coin flip. The state already did one this year for a school-board seat in Farmington. Ritchie has been looking around for a good coin for the Coleman-Franken race; he says the quarter with Minnesota on the back is the way to go. "I was watching Leatherheads, the football movie, and you realize there are angles on coin-tossing...