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...politics are entering a new populist phase, Edwards isn't about to be left behind. On Wednesday in Prestonburg, the same day Barack Obama was delivering a speech on urban poverty, Edwards went after the fat cats in his own income bracket with real fervor. "We have the greatest economic inequality we've had in America since the great Depression," he said. "We're now made up of a few rich people who are doing extremely well and everybody else. Washington's response has been 'Greed is good. Take care of the lobbyists. Take care of the special interests.' There...
People ages 45 to 64 account for 20% of all those over age 7 who rode a bike at least six times last year, according to the National Sporting Goods Association. That's up from 13% a decade ago. Yes, this age bracket is expanding as a percentage of the overall population, but demographics can't tell the whole story. After all, golf--the quintessential 50-plus sport--is moving in reverse, at least in some respects. Last year, for the first time in 60 years, more golf courses shut down than started up, and the number of frequent golfers...
...consider what else might get you similar exposure. Often the answer is a more traditional investment bank such as Goldman Sachs, which runs the nation's largest hedge fund. Plus it trades at 10 times earnings, less than half of Blackstone, and doesn't have its tax bracket being debated by Congress. In fact, many Wall Street firms have significant divisions devoted to alternative investments. Among them, fund manager Schutz most likes Morgan Stanley for its lower valuation...
...curtains closed, when Pam Dreslinski’s high-arching fly ball stayed fair and landed far beyond the left-field fence, Harvard dropped its opening game of the NCAA Tournament, 3-2, to Hofstra on Friday in nine innings.The result sent the Crimson into the losers’ bracket of the Hempstead Regional in its first NCAA appearance since 2000.“I’m proud of how we played,” Harvard coach Jenny Allard said. “We came out, we battled, we wanted it, and we fought hard...
...determine the winner.“There were eight teams the first day, and eight teams at another venue, so they took the top teams from each [on the second day],” junior Elyse Dolbec said. “It was like a championship bracket.”It was Harvard’s quick start that helped the team to the stout finish.“The first day went very well—we were undefeated,” Dolbec said. “This is our first real big regatta with the team...