Word: tending
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Dates: during 2000-2009
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...Focused on long-term growth, corporate pension funds tend to lean heavily on stocks. More than 60% of S&P 500 firms' holdings at the start of the year were in equities. Those firms that bet most aggressively on stocks have been especially hard hit. For example, about 80% of Harley-Davidson's pension assets were invested in equities at the end of last year. Johnson & Johnson's (79% equities) and Exxon's (75%) funds have also been bruised. But the pension pain may be most acute for smaller outfits, some of whose obligations amount to more than...
...disagree on how much to spread around and how to go about it. We all tend to think that it's someone else's wealth that needs to be spread around and that it ought to be spread in our direction. But the principle that the unequal distribution of wealth is a legitimate concern and government policies should mitigate it has been part of American democracy since at least the New Deal. In fact, it is a commonplace that the moderate wealth-spreading of the New Deal saved American democracy. Today collecting checks from people and issuing checks to other...
...final bid of over $400,000 in an eBay auction, but the sale was never finalized, according to Banksy's publicist. The organization that authenticates Banksy's artwork, Pest Control, refuses to approve street pieces because the artist prefers the work to remain in situ and "building owners tend to become irate when their doors go missing because of a stencil," the group's website states. Acoris Andipa, owner and director of the Andipa Gallery in London, which has sold Banksy's work, says that any "intelligent buyer" would not entertain the possibility of purchasing one of Banksy's street...
...been a thorn in his side for over a decade. After spending a lifetime warring against Gayoom's dictatorship, Nasheed and his party know they, too, must be graceful in victory. The global financial crisis has sparked fears of a downturn in tourism, while Nasheed must also tend to a budding housing shortage and a staggering drug epidemic: by some estimates, 1 out of every 3 Maldivian youth is a drug addict. "We are not interested in revenge," says the MDP's Zaki. "Now is the time to look to our future...
...Shuman shot 78 was incredible,” Pollak said. As Harvard took fifth place at last year’s tournament at the Saucon Valley-Weyhill Country Club, this year’s finish is indicative of a stronger team. Heading into the winter each player will tend to the individual aspects of each man’s game and look to start off the spring strong once the weather turns. “Overall, I think we did real well we left a few out there but we’re going to take the positives from this...