Word: shields
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There may be good news in all this. Much of the recent increase in interest rates has been technical--giant mortgage holders like Pimco, Fannie Mae, Freddie Mac, Chase and J.P. Morgan have been selling T-bonds in a complex strategy that helps to shield their vast mortgage holdings against risk. But despite signs of economic recovery, Gross believes bond yields will settle in at current levels--meaning mortgage rates will settle here as well. "We're done selling," Gross says. At least...
Identity theft is soaring. The crime is up 79% from February 2002 and hit an estimated 7 million people in the past year, according to the research firm Gartner. How can you shield yourself? The Identity Theft Resource Center, a not-for-profit organization, suggests that consumers check their credit ratings annually from the credit-reporting bureaus: Equifax, Experian and TransUnion. Don't write your Social Security or driver's license number on checks, don't respond to suspicious e-mail requests, and go easy on yourself if you're victimized: fraudsters have hit everyone from Steven Spielberg to Tiger...
...Died. Bob Hope, 100, legendary comedian known for one-liners and gigs before countless American GIs in combat zones from Italy to the Middle East; in Toluca Lake, California. Performing for troops in 1990 during Operation Desert Shield, Hope compared his career to the capabilities of the Stealth bomber. "It flies in undetected, bombs, then flies away. Hell, I've been doing that all my life...
...speculation about her emotional frailty--classmates say she had broken up with her boyfriend and was devastated by the death of a friend--and reports about her active sex life at the University of Northern Colorado, where she has completed her first year. But under Colorado's "rape shield statute," a complainant's previous sexual activity is deemed irrelevant and inadmissible. Rape is an act of violence. Period...
...implant drama shies away from neither their work's ethical implications nor its grossness. (Don't fix a snack before watching them carve up a patient's face like a radish rosette.) FX aspires to be the poor man's HBO, and if the bad-cop drama The Shield is its answer to The Sopranos, Nip/Tuck uses a disturbing profession (and stretches basic-cable limits of nudity and language) to explore society and family. Yes, it's Six Millimeters Under...