Word: farness
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...frozen in time: the person is typically a 59-year-old male from one of France's élite graduate schools. He probably serves on more than one board. (French law permits people to hold seats on up to five companies' boards at the same time.) French boardrooms are far less diverse than those in other nations; a survey last month by the independent Politico-Economic Observatory of Capitalistic Structures (PEOCS) indicates that the concentration of business power is greater in France than in most other Western countries - especially the U.S. and Britain...
...number of ETFs in the U.S. market shot up to 934 in 2009 from 154 in 2004, according to Larry Petrone, director of research at Financial Research Corp. Over that time, ETF assets under management have more than tripled, to $742 billion. That's still far short of the $7.14 trillion in assets held by mutual funds, but the ETF growth rate is fast closing that gap, with new products covering every subsector of the markets, from bank stocks to silver to Vietnam's public companies. (See pictures of TIME's Wall Street covers...
Furthermore, how far a storm surge penetrates inland depends on the local topography, both offshore and on - damage to property on a seaside cliff is a lot different from that on a beach. And even if property lies at a generally low elevation, it makes a difference whether the region is hilly or flat, or close to a bay or estuary...
...dependence on the ailing auto industry. Several Republicans have emerged as hopefuls for the the primary to be held in August, including Mike Cox, Michigan's attorney general, and Mike Bouchard, a former state senator and the current sheriff of Oakland County, the center of Michigan's wealth. So far, however, none has generated much excitement...
...country's leaders, stability is by far the most important goal, says Nguyen Quang A, former director of the Institute for Development Studies in Hanoi, an independent think tank that disbanded in September to protest the government's restriction on political research. Why? Stability attracts investment. Foreign companies, he says, aren't overly bothered by these trials or Vietnam's human rights record, but they do show interest "when their investment is directly affected." (See 25 people who mattered...