Word: rossing
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Investor Wilbur Ross called attention to the "relatively unparalleled" values in the muni-bond market in March, when he revealed a $1 billion position. Muni yields almost never beat Treasury yields because both are considered safe, but the income from munis is tax exempt. That anomaly occurred earlier this year, and even though some order has been restored, muni yields remain historically high. "These aren't as safe as cash," says Mark Soehn, managing director at Financial Solutions Advisory Group in Chicago. "But the risk is well worth it." He recently put his clients into the BlackRock International Municipal closed...
...Kara Ross lizard belt ($575, Stanley Korshak...
There aren't many people who can go to work expecting appreciative calls from countries, but Ross can, and Kosovo is the latest place to owe him a debt of gratitude. The newly independent Balkan state was one of the first clients he took on when he started Independent Diplomat (ID), a nonprofit organization that helps marginalized governments and political groups maneuver through the complex, secretive machine of international diplomacy. In a world in which rich, powerful countries make decisions for everyone else, Ross, 41, reckoned that there must be a better way to do things and built a small...
...Front, the government in exile of Moroccan-controlled Western Sahara, which ID is helping in its struggle for independence. Then there's Somaliland, which has been independent since 1991 and is taking advice from ID on how to gain international recognition. "You should be engaging with all groups," says Ross, "not just governments sitting in offices and embassies." After a career spent deciding the fates of people who weren't even in the room, Ross gives the voiceless a chance to have their say--before they find more drastic ways to be heard...
...there is a place for comedies in which the lead character enlists her teenage son to help sell drugs (“Weeds”) or accidentally sleeps with 16-year-old girls (“Californication”). Nonetheless, there is a propensity among programmers to favor the Ross-and-Rachel type stories over the Tony-and-Carmellas.It’s a stretch to say that the popularity of “Weeds” and “Californication” signal some sort of monumental sea change in the qualities television viewers value in their sitcom characters...