Word: regentes
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...Miracles happen to those who believe in them,” Bernard Berenson, class of 1887, once said. And surely he must have believed in them. Though he began his life as a displaced Lithuanian immigrant, Berenson wound up a regent in the court of his own choosing. While he lived, Berenson was the chief diplomat of Italian Renaissance Art throughout the world. Considered a scholar of the highest order—though the insights of history have raised questions about his dealings in the art world—Berenson was friendly with and respected by the foremost literati...
...according to North Korea watchers in Seoul, Chang has effectively taken the youngest Kim under his wing, acting as a sort of regent to the Prince. "He is the bridge from Kim Jong Il to Kim Jong Un," says Baek Seung Joo, who watches North Korea at the Korea Institute for Defense Analysis...
...Robertson has many credits to his name: he's the founder of the Christian Broadcasting Network (CBN) and host of its long-running show, The 700 Club; he's the chancellor of Regent University; and he's a onetime presidential candidate who challenged George H.W. Bush for the Republican nomination in 1988. Now Robertson has added another title: financial adviser. His latest book, Right on the Money: Financial Advice for Tough Times, draws on his own experiences and makes straightforward recommendations for financial planning amid economic turmoil. He talked to TIME about money, religion and politics...
...Munis don't offer the same sleep-at-night safety they used to," says Christopher Cordaro, a financial planner at Regent Atlantic in Morristown, NJ. Earlier this year, Cordaro, who has been a planner for 22 years, began advising clients for the first time in his career to trim their muni bond holdings. "Municipalities across the country are in rough shape." (See TIME's "25 People to Blame for the Financial Collapse...
...Instead, Strumeyer believes investors should compare muni yields to those of high-quality corporate bonds. Recently, Vanguard's Term Tax Exempt fund, a huge muni fund with $21 billion in assets, had an implied yield of about 3%, according to Regent Atlantic's Cordaro. A similar corporate bond fund, BlackRock Intermediate Bond II, had yield of 8.5%. Even assuming a 35% tax bracket, the corporate bond fund is yielding nearly double the muni fund...