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Word: supermarketeers (lookup in dictionary) (lookup stats)
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...mutual-fund giant Fidelity Investments [BUSINESS, Sept. 30] included the terms arrogance, aggressiveness, young, cocky competitiveness, volatility, obnoxiousness and the phrase "wandering far from their ostensible mandates." Is this type of behavior consistent with the fiduciary duty owed to the client by a fund? The advent of the investment supermarket appears to have transformed investors into mere customers. Caveat emptor. MARK JASAYKO West Vancouver, British Columbia...

Author: /time Magazine | Title: Letters: Oct. 21, 1996 | 10/21/1996 | See Source »

Lori worries little about inflation; instead, she shops for speed. She rarely clips coupons, except for baby formula, and stops at a small grocery on her way home from work rather than go out of her way to a larger and slightly cheaper supermarket. "You have to walk half a mile just to get some onions," she says. "Time is so valuable...

Author: /time Magazine | Title: DESPERATELY SEEKING LORI | 10/14/1996 | See Source »

...offer a plethora of funds and a wide range of services--from retirement planning to checking accounts. Says Dan Wiener, editor of Independent Advisor for Vanguard Investors, which tracks funds managed by the Vanguard Group: "There is a desire to be all things to all people. It's the supermarket approach...

Author: /time Magazine | Title: TAKING STOCK OF FIDELITY'S FUNDS | 9/30/1996 | See Source »

...supermarket tabloids don't usually pay much attention to politics--they have their hands full chronicling Sharon Stone's love life and following Madonna around with a camera--but when they do, they make it count. In 1987 the National Enquirer printed a photo of Donna Rice sitting on Gary Hart's lap, creating the most infamous visual epitaph for his crashed political career. Four years ago, the Star ran a story on Gennifer Flowers' alleged affair with Bill Clinton, throwing a major scare into his campaign just before the New Hampshire primary. And last week it was the Star...

Author: /time Magazine | Title: CONVENTION '96: INQUIRING MINDS WANT TO KNOW: IS THIS STORY TRUE? | 9/9/1996 | See Source »

...story highlighted an ongoing journalistic culture clash. Supermarket tabloids operate by different rules from most of the mainstream media. For one thing, they relish the sort of steamy subject matter (especially sex) that other publications shy away from; for another, they frequently pay money for stories. Star editors admit they paid 37-year-old prostitute Sherry Rowlands for her details of the alleged trysts with Morris (the amount was "under $50,000," they say). Yet they insist that the transaction did not make them any less confident of the truth of her allegations. In this instance the Star gathered enough...

Author: /time Magazine | Title: CONVENTION '96: INQUIRING MINDS WANT TO KNOW: IS THIS STORY TRUE? | 9/9/1996 | See Source »

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