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Compounding the risk is the fact that many refugees from 3% CDs may have - bought their funds on the false assumption that these higher-yielding investments are also covered by federal deposit insurance. "Small bank savers may think that since banks are selling them, they're as safe as CDs," says John Haslem, a University of Maryland finance professor. They...

Author: /time Magazine | Title: The Siren Call of Mutual Funds | 11/8/1993 | See Source »

...Seth, you're a freak! We all know you're a freak! All of your CDs are alphabetized and divided into different categories, and so are your books and tapes! You spent five hours yesterday memorizing all the liner notes to the Smithsonian Collection of Classic Country Music! Some people are obsessive, but at least they're obsessive about things that matter, like peace and social justice, or getting...

Author: By Seth Mnookin, | Title: There is something wrong | 10/28/1993 | See Source »

...Nick started to weep, and all I could do was hold him and assure him that everything was going to be alright. But was it? Did Nick have a point? At least he's only a junior...when I graduate in May, I can't go on alphabetizing my CDs forever...or can I? Diary, please help me... 7 a.m. October...

Author: By Seth Mnookin, | Title: There is something wrong | 10/28/1993 | See Source »

...waiter in Memphis, who's to say the same won't happen to him? As long as I can make enough money to pay rent and feed myself, and still have plenty of time left over to devote to the reorganization of my CDs and rereading old Russian novels, I'll be happy...

Author: By Seth Mnookin, | Title: There is something wrong | 10/28/1993 | See Source »

...electronics show, which in recent years has limped through a new-products dry spell, may have regained some of its cachet. Among new consumer products, Sony and other manufacturers viewed lines of video compact- disc players, which provide fare for viewing as well as for listening on standard-size CDs. Sanyo Electric's eye catcher was 3-D television, which does not require users to wear polarized glasses -- and initially will cost at lest $57,000 a set. Both products will be avaiilable...

Author: /time Magazine | Title: News Digest October 3-9 | 10/18/1993 | See Source »

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