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Harvard captain Kalen Ingram had to wait nearly two months to play college hockey again after being sidelined by a thumb injury in the second game of the season. With her return in Saturday’s 9-0 win over Wayne State, the nation’s No. 1 team instantly got that much better...
...hundreds of thousands of jubilant Kenyans poured into Nairobi's Uhuru Park for the inauguration of their new President on Dec. 30, joy threatened to turn to chaos. Frustrated at the three-hour wait for Mwai Kibaki, the crowd crushed forward, causing dozens of people to faint from suffocation. When outgoing President Daniel arap Moi stood, Kenyans angry at his 24 years of corrupt and autocratic misrule pelted the dais with mud and drowned out his speech with chants of "All is possible without Moi" and, simply, "Go Away." Street urchins took advantage of the confusion to snatch wallets, cell...
...himself. After extensive video review, we determined that people should not dangle their babies over the railing of the third-floor balconies or shave off their entire nose. We pretended to get newly upset about all sorts of things we already knew, like that figure-skating judges are corrupt. Wait until people find out how boxing works...
These were ordinary people who did not wait for higher authorities to do what needed to be done. Literature's great statement on unwelcome truth telling is Ibsen's play An Enemy of the People. Something said by one of his characters reminds us of what we admire about our Dynamic Trio. "A community is like a ship," he observes. "Everyone ought to be prepared to take the helm." When the time came, these women saw the ship in citizenship. And they stepped up to that wheel...
Given the tax uncertainty, you may want to wait for some clarity. At this moment, though, fully taxable preferred remains your best option--and, as a kicker, these securities have rarely been cheaper. The average dividend yield for blue-chip fully taxable preferred shares is just over 7%, which is 1.4 percentage points higher than the average yield on blue-chip corporate bonds, according to Merrill Lynch. That's about as wide as the spread ever gets, and it means that investors today are promised a superior return with fully taxable preferreds. Among the best values out there, Merrill says...