Word: wrap
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Dates: during 1990-1999
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...WRAP ACCOUNTS. By far the most popular pitfalls are the "wrap" accounts most brokerage firms now offer. Tens of billions of dollars have flowed into them recently. They come in a variety of shapes and sizes, but basically they say: Look, you're an amateur. We're pros. Why should you worry your little head trying to manage your investments? For just 3% a year, we'll take care of < that for you! And we won't nickel-and-dime you on commissions: we'll wrap all commissions into that one 3% annual...
...might expect from the stock market over a typical decade, an even higher share of the return you might expect from bonds. (Some brokers even apply the 3% charge to money held out on the side lines in money- market funds.) Worse still, all the income from a wrap account is taxable, but in most cases only a portion of the wrap fee will be deductible. So you could actually lose money, after taxes, by breaking even...
...early doubles victories by Co-Captain Melissa McNabb and freshman Kate Roiter and the duo of freshman Kelly Granat and sophomore Kendra Harris swayed the momentum in Harvard's direction, momentum which Harvard would cling to like Saran Wrap around old chicken salad...
Biomimetic materials hold particular promise as coatings and wrappings that increase the body's tolerance of implanted devices. Eventually these substances may be put to work as nearly natural replacements for injured ligaments and arteries. University of Alabama molecular biophysicist Dan Urry, for example, has succeeded in turning a key segment of the protein elastin, present in many body tissues, into a material whose expansive and contractile properties closely approximate those of arterial walls. The material can be fashioned into tubes that feel, uncannily, like real blood vessels and also into sheets for encasing mechanical devices like pacemakers. Tests...
...marry the role of Dil with the proper actor, Jordan says, "I needed a man with a very particular kind of femininity." Davidson, who was spotted by a casting assistant at a wrap party for Derek Jarman's gay-toned Edward II, had a sad, elfin, ambiguous, direct, unique screen charisma ideal for Dil. "The only thing nonactors have to work with is themselves," says the director. "What the movie camera sees is a person's spirit. You can't hide that...