Word: poorly
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...moves from hiding wealth to keeping it. Some people with a lot of money get bilked by the genius of people like Bernie Madoff, a man who must be near the top of his class at Mensa. Usually, losing money does not require a lapse in judgment. In a poor economy, invested capital just disappears. People who had $20 million suddenly have $10 million. If they have been frugal, they are OK. If not, they often go bankrupt...
...curable, many of those in the developing world struggle to get affordable treatment, particularly in sub-Saharan Africa, where the mosquito-borne disease is most prevalent. Blame for that lack of access has been laid largely at the feet of Big Pharma, long vilified for pricing medicine beyond the poor's reach and ignoring diseases that are endemic in poverty-stricken areas...
...developing world has had no shortage of dictators who made lofty promises to uplift the poor and build powerful nations. Few ever delivered. But then there is South Korea's Park Chung Hee. A general who took control of South Korea after a coup in 1961, he ruled, often with an iron fist, for 18 years. Yet he was also deeply moved by South Korea's destitution. In the early 1960s, the country's per capita national income was just over $100 and the economy depended on American aid. Park, a virulent nationalist, vowed to do something about this...
...Poor Davies. He never had a chance...
...blaming one another for the spiraling costs once the program came under a critical spotlight. John Young, the Pentagon's outgoing acquisition czar, recently blamed both. He cited the program as emblematic of a Pentagon culture wedded to rosy cost projections. "Higher costs, whether based on low estimates or poor enterprise management, is unacceptable and harmful to the defense enterprise," he wrote to Defense Secretary Robert Gates last month. "The acquisition team bears significant responsibility for moving forward with these programs built on inadequate foundations." (Read "Can Robert Gates Tame the Pentagon...