Word: principall
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Neither theory is watertight. Massoud's death alone would not serve to remove the anti-Taliban alliance as a military force. If the intention was to rob America of an ally, it would have made more sense to first allow the Taliban time to militarily exploit the assassination before the...
HOT TIPS Inflation-protected Treasury Securities (TIPS) introduced four years ago were supposed to safeguard a Treasury-bond holder against inflation, which they did, and cut the Treasury's cost of financing, which they didn't. TIPS bonds have a lower interest rate than conventional Treasuries, but TIPS principal is...
All annuities are insurance products that pool people's premiums and pay out principal and interest plus some of the cash of those who have died. This allows long-lived individuals to receive far more income than they paid in.
Immediate annuities can provide substantially more current income than securities like government bonds. These days, a $100,000 joint-and-survivor-annuity premium generates about $7,300 in annual income, compared with $5,400 for a $100,000, 30-year U.S. Treasury bond. Note, however, that with a bond, you...
What tormented Anne Tanney, the principal of Holy Cross, as she checked last week to make sure that all the pupils had left safely was the damage being done to them. Some of the girls had already been given sedatives to stop nightmares, and she was worried about the long...