Word: warren
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...DIED. WARREN ZEVON, 56, morbidly witty rock-'n'-roll poet; of lung cancer; in Los Angeles. A reformed hard drinker whose vivid musical tales were likened to mini-screenplays, Zevon first made a splash with the 1978 album Excitable Boy, featuring a novelty hit, Werewolves of London, about beasts who mutilate old ladies and then drink pina coladas at Trader Vic's. He went on to show his skill at tender ballads, true-crime tales and bluesy odes to doom and death in more than a dozen albums. After he went public with his cancer diagnosis last year, he produced...
...shared by a generation of Americans who expected prosperity, or at least financial security, to be almost assured for the two-paycheck family. That assumption is increasingly misguided, according to the two-income trap: why middle-class mothers & fathers are going broke (basic books; 255 pages). Authors Elizabeth Warren, a Harvard Law School professor and bankruptcy expert, and Amelia Warren Tyagi, a business consultant and Warren's daughter, offer a startling account of the elusiveness of the American Dream. They conclude that modern families are no better off than the Ozzie-and-Harriet household of the past. In fact, they...
...more debt than their parents did to provide the same standard of living--and even more debt to send the kids to college. The only way to cover that debt is for both parents to work, and still they are stretched too thin. It is this phenomenon, Warren and Tyagi argue, that has made having a child "the single best predictor" of financial ruin. Married couples with children are more than twice as likely to file for bankruptcy as childless couples; they are 75% more likely to be late paying bills and also more likely to face foreclosure on their...
...election is so hard to predict that it's no wonder some powerful players are hedging their bets. Broadcasting tycoon A. Jerrold Perenchio, who was Davis' largest individual campaign contributor, has joined Schwarzenegger's team of economic advisers, according to the Sacramento Bee. Investment banker Warren Hellman, who is contributing to the antirecall effort, also turned up among Schwarzenegger's advisers. "I'm dead set against a recall," says Hellman, "but if it happens, I want to be supporting someone I'm enthusiastic about." By Terry McCarthy, Sonja Steptoe and Karen Tumulty
...bred for white meat and grow enormous chests and are unable to walk around on their little ankles and have to be kept in hammocks and fed through a tube. He was something of an embarrassment. The Terminator is a charming man with a geezer brain trust of Warren Buffett and George Shultz, and the three of them may give Gray Davis, who was too clever for his own good, his comeuppance. But I doubt the Terminator would win if he were running in Minnesota. We've seen that movie already, and we wanted to leave after the first...