Word: rosee
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...sell Lamborghinis or $3 million penthouses in New York City, no doubt you'll be happy to learn that the combined bonus pool on Wall Street for last year's labor, which will be paid out in coming weeks, rose 16% to an all-time high of $21.5 billion, according to New York State Comptroller Alan Hevesi. He's as happy as any Lower Manhattan diamond dealer. Those bonuses will bestow $1.5 billion of tax revenue on New York state's budget and another $500 million on New York City's budget, and by extension benefit all state residents...
...serves made out too-not like bandits, but like the hard-working and trusting investors that most of them are. The gut-wrenching comparison that best illustrates that something may be amiss: in 2005, the average diversified stock fund returned 6.7%; bond investors gained under 1%; the average stock rose just 3%, according to market tracker Lipper. Those seriously sub-par returns don't square with a record Wall Street payday...
...that day—Dec. 20, 2005—Midwest Airlines flight 210 from Boston en route to Milwaukee was beset by a dangerous mechanical problem, which caused the landing gear to emit a shower of sparks as it rose into the air. For those of us aboard, who had no idea anything had gone awry, the malfunction was a bothersome inconvenience, a mere “problem with the indicator,” as the captain so vaguely and reassuringly cooed over the intercom. The plane circled Logan for two hours, burning off fuel so as to minimize...
...were a key reason for University Hall’s sudden, unexpected halt to faculty growth this summer.“We’re having a bit of a breather this year so the development office can catch up with us,” Hoxby said.But professors who rose to speak after hearing the committee’s report were markedly skeptical of the Faculty’s financial direction.Anthropology Department Chair Arthur Kleinman called for closer cooperation between the separate administrations of FAS and the University.“There is a sense within the Faculty that...
While in the U.S., people speculated about the outcome of the Rose Bowl and the size of Samsung’s new humongous plasma TV at Las Vegas’ Consumer Electronics Show, Europe had a very cold New Year. Flaunting global warming, already freezing temperatures in the Old Continent managed to get colder thanks to Russian President Vladimir Putin...