Word: wonderments
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...more than $4.50 last year. Still, those households are also confronting the worst economic crisis since the Depression and the unemployment and precarious finances that come with it. As a result, politicians like Democratic U.S. Representative Chaka Fattah, many of whose Philadelphia constituents have received the Citgo fuel, wonder why U.S. oil giants like ExxonMobil - which saw a record $40 billion profit in 2007 and probably broke that in 2008 - don't take advantage of the same p.r. boon that Chávez reaped. "There is no doubt that the Exxons in this country should be participating in a program...
...most technical of sciences starts to become impossibly arcane, it goes goofy on you, as it did last year with the announcement that physicists at the University of California, Berkeley, had developed a tiny working model of an invisibility cloak. This week, the physics magic shop announced yet another wonder: levitation. Really...
...form of a higher price at the pump. The enormous, unstated side benefit of Kinsley's proposal is a huge step toward energy independence. Who did not enjoy seeing the OPEC ministers being forced to reduce production because of reduced demand in the U.S. and worldwide? I wonder if our elected representatives will have the courage to pursue Kinsley's idea. Richard Parins, SARASOTA...
...also wonder how much power central bankers ultimately have to prevent massive problems like this. You write about how in 1929, when the Fed cracked down on banks lending to brokers selling stock on margin, money flooded in from other sources...
...Wonder why Chicago-based hedge fund Citadel is not allowing investors to withdraw their money until at least March? Citadel has already reported about 50% losses for its two largest funds. Remember: these are unrealized losses. If Citadel liquidated assets to pay out to investors, losses would be even greater. Barring a miracle, the first investors out would lose less than those going out later. But even in good times, the withdrawal of money from a hedge fund impinges its performance...