Word: moneys
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Mullaney has tried the giveaway trick before, with impressive results. In 1993, he persuaded his then client Computer Associates (whose controversial founder Charles Wang is also a co-founder of Smile Train) to give away copies of its personal-finance software, Simply Money, to try to establish a bulkhead against market leader Intuit's Quicken. The "Free Money" campaign was so successful - garnering something like a million calls in two weeks - that it strained MCI's phone banks, says Mullaney...
...When the UC voted for the capital campaign, there was the expectation that money would be raised this summer,” said Flores in an interview with The Crimson yesterday. “The campaign was not successful because there was no money raised...
...Times reported on one of the financial industry’s newest tactics—to securitize not mortgages, but bought-out life insurance policies. Wall Street firms buy policies from holders, continuing to pay monthly premiums until the original policyholder dies and the firm collects the life insurance money. The way in which these policies are bundled and sold as derivatives is suspiciously reminiscent of the way mortgage-backed securities were sold to investors. Upping the ante even more is a whole new set of ethical implications that comes with buying and selling life insurance policies on a wide...
...1950s, as the middle class expanded, the custom had calcified into a hard-and-fast rule. Along with a slew of commands about salad plates and fish forks, the no-whites dictum provided old-money élites with a bulwark against the upwardly mobile. But such mores were propagated by aspirants too: those savvy enough to learn all the rules increased their odds of earning a ticket into polite society. "It [was] insiders trying to keep other people out," says Steele, "and outsiders trying to climb in by proving they know the rules." (See the video "Recession Etiquette with Peggy...
...both the U.S. and Europe is tiring of bad news from Afghanistan. President Obama faces questions from both the left and right. What is the point of pouring more troops or billions of dollars into Afghanistan, his critics say, when the Taliban seem to be gaining ground and the money simply vanishes into the baggy pockets of Kabul officials? (Read about roadside bombs in Afghanistan...