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...traditional muni bonds because there are relatively fewer of them issued. BABs, unlike traditional munis, are taxable. For most individual investors, the interest-rate difference is a wash - a high net worth investor would owe the extra yield they get from the BAB back in taxes, so they'd wind up with roughly the same after-tax yield as if they had bought a lower-yielding tax-free muni...

Author: /time Magazine | Title: A Stimulus Success: Build America Bonds Are Working | 11/17/2009 | See Source »

...sailors faced brutal weather during their races. While Saturday’s downpour was bad, the light wind on both days proved worse...

Author: By Diana McKeage, CONTRIBUTING WRITER | Title: Conditions Bring Challenge in ACCs | 11/17/2009 | See Source »

...chill wind is blowing through Mitte, the once drab district in central Berlin that is fast becoming hangout central for the world's creative types. Davide Grazioli, used to warmer climes, pulls his black woolly hat over his head and strides up Kastanien Allee - now dubbed Casting Alley because of all the wannabe film directors and actors who frequent its cafés. Grazioli is an Italian artist whose work includes unraveled embroideries from India and skulls made of organic incense. Three years ago, he moved to Berlin from Milan with his wife and young daughter, and though his German...

Author: /time Magazine | Title: Hip Berlin: Europe's Capital of Cool | 11/16/2009 | See Source »

...causes of global warming (fossil fuels, deforestation), viable solutions (renewable energy) and ways to make these solutions a reality (a CO[subscript 2] tax and a cap-and-trade system). It's packed with scientific data explained in painstaking detail--including a full-page graphic on how a wind turbine works--but it reads like a homework assignment. Gore's excellent lessons--why biofuel isn't as environmentally friendly as you'd think; why large-scale, sustainable changes won't occur until financial markets take climate costs into account--are presented as tedious lectures. As with flossing every...

Author: /time Magazine | Title: The Skimmer | 11/16/2009 | See Source »

...most innovative numbers of the evening was Mainly Jazz’s “Music Box,” choreographed by Chang. Jennifer M. Batel ’12, Natalie A. Cameron ’11, and Odstrcil transformed themselves into Coppelia-esque wind-up toys, delicately moving about the stage with the precision of mechanical instruments. The plucked strings of the folk music—a piece by Yann Tiersen, best known for creating the soundtrack for “Amélie”—resonated as the dancers replied in stiff, precise arm movements...

Author: By Sophie O. Duvernoy, CONTRIBUTING WRITER | Title: iDance Jazzes Up HDC | 11/16/2009 | See Source »

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