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...Martha Stewart Omnimedia, parent company of Martha, is looking for a new CEO, one that can, as the New York Times notes, "refocus attention on the company - and away from Ms. Stewart's legal troubles." Hmmm. Still, as her millions of fans will attest, Martha isn't solely the sum of her allegations. For an excellent assessment of why our favorite domesticatrix has such a fundamental appeal, see Caitlin Flanagan's fine piece in this month's Atlantic Monthly...
...devote personal attention to custodial parents. Many customers are appreciative. Nancy Fox, 46, lost patience with the child-support office in Ann Arbor, Mich., after a decade of trying to squeeze payments out of her ex-husband. Months after hiring Supportkids in 1999, she gladly received a lump-sum payment of $7,590--after Supportkids took its 34% commission. When the state agency suggested that she might be better off canceling her contract with Supportkids, she recalls asking, "What are you, crazy? Then who's going to collect the money...
...short (bet on the price to fall). There are disadvantages, like trading commissions that can quickly erode the benefits of ETFs, which for that reason make no sense for investors who sock money away on a monthly basis. ETFs are ideal for those who have a lump sum and want to spread it around the globe, as well as for those who want to speculate on near-term market moves or hedge other holdings in times of uncertainty. Institutions have embraced them, driving down the cost structure; they may be suitable...
...about it lie in incomplete states of ratification or implementation. Yet we're oddly smarter than we were in Rio. If years of environmental false starts have taught us anything, it's that it's time to quit seeing the job of cleaning up the world as a zero-sum game between industrial progress on the one hand and a healthy planet on the other. The fact is, it's development--well-planned, well-executed sustainable development--that may be what saves our bacon before it's too late...
...natural gas, and he sent a copy of Mexico's energy plans. To persuade an Enron senior vice president to join a mission to Pakistan, White wrote, "I have strong personal relationships with the existing government." Enron showed its gratitude. At Christmas 1995, documents show, it donated an unknown sum of cash in O'Leary's name to a charity called "I Have a Dream." And when Clinton ran for re-election a year later, the company made its largest single contribution ever--$100,000--to the President's party. --By Michael Weisskopf