Word: rise
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...paid. But a year later, little seems to have changed. Banks, which have roared back to profitability this year, look poised to dole out billions of dollars in year-end bonuses for 2009. Alan Johnson, a top Wall Street compensation consultant, estimates that Wall Street Christmas pay will rise 35% from the figure a year ago. That means Wall Street bonuses could total as much as $19 billion...
...even though they are written into the constitution; dissidents are jailed for long periods of time. The Chinese government did not hesitate to send tanks against its own people in 1989, and we have seen what the government can do against the Tibetans and the Uighurs when they dare rise up and ask for greater autonomy. China has become an economic powerhouse, but one result is glaring inequalities between billionaires on one side and the millions of people below the poverty level. Maybe another revolution is brewing. Jean-Louis Desplat, SAINT-LO, FRANCE...
...reform of this metastasizing body has dominated debate for years, as its members have tried to figure how to make the damn thing work. The attention of political leaders has been directed inward, at just the time when tectonic movements outside Europe - the revival of political Islam, the economic rise of Asia - have both threatened and diminished Europe's centrality in world affairs. (Read: "Irish Ayes on Lisbon Treaty Have Europe Smiling...
...higher burden of chronic diseases like asthma and diabetes than many comparable metropolitan areas. The city is a primary-health-care-provider desert. Hundreds of thousands of people lack insurance or are underinsured. Millions of dollars are spent each year on uncompensated care for its citizens. Detroit will not rise again unless the health of its citizens rises first...
...about shifting their asset mix. Look at what you own - now! If you went into the downturn with 60% stocks and 40% bonds and have done nothing, your mix is now about 50-50. You have cut your exposure to stocks just as they have become more likely to rise. How important is it to get back to 60-40 (or any other target mix that has been skewed by volatile markets)? A starting balance of $100,000 that was 60% stocks and 40% bonds in 1970 and was never rebalanced would have grown to $2.9 million by 2008. That...