Word: smartly
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...into your driveway. In the U.S., a humbled General Motors just showed off one of its rare rays of light - the plug-in Volt, which GM says will get 230 miles per gallon when it hits roads in late 2010. Daimler is trialing an electric version of its baby Smart car and claims to get the equivalent of 300 m.p.g. In Japan this month, a confident Carlos Ghosn said that Nissan's upcoming, all-electric Leaf will get 367 m.p.g...
...range of a gasoline-powered engine, the first electric vehicles might feel like a letdown. Most Chinese drivers will be on their first cars, and won't have memories of Thunderbirds and Corvettes as they make their selection. An electric car, if priced well, might seem like a smart choice, especially as the cost of gas rises again. "The Chinese customer is just getting off a bike, so they're not worried about not being able to drive six hours without a recharge," says Philip Gott, a director for automotive consulting at research firm IHS Global Insight. "China...
Exceedingly smart move. Since the summer of 2005, house prices in Sacramento have plummeted by half. Choe and his family - which now includes a second son - watched from the sidelines until the end of last year. That's when the Choes moved back into a home of their own, a four-bedroom they plucked out of foreclosure at a 35% discount from what it had sold for two years earlier. (See pictures of Americans in their homes...
...this smart move No. 2? In other words: Is it really time...
...over-leveraging and willful ignorance. Like PEDs of baseball’s elite, the acronyms of the financial world—CDOs, CDSs, LBOs, etc.—were not skills or products in and of themselves. Rather, like PEDs, they were once-exotic, unregulated tools that allowed really smart people to make a ton of money and marginally smart people to come along for the ride, eventually becoming common and insidiously far-reaching. And like steroids, the financial tools of the current era were almost all condoned by the relevant governing bodies. Similar, too, is the extent to which...