Word: paycheck
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Dates: during 1990-1999
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...would you like to pay only a quarter of the real estate taxes you owe on your home? And buy everything for the next 10 years without spending a single penny in sales tax? Keep a chunk of your paycheck free of income taxes? Have the city in which you live lend you money at rates cheaper than any bank charges? Then have the same city install free water and sewer lines to your house, offer you a perpetual discount on utility bills--and top it all off by landscaping your front yard at no charge...
...weird how success affects people. Most of them turn into jerks. But Sosa, 29, got his paycheck and relaxed. He let us see the generous, fun and classy person he is. And he performed. With a league-leading 154 RBIs, a .309 average and the most home runs of any other major leaguer, except Mark McGwire (he had 63 to McGwire's 64 at week's end), has ever hit, Sosa has had one of the best offensive years of any other player, any other time. Most sportswriters think that he'll swipe the MVP award from McGwire and that...
...points?--you might perk up after a chat with Stanley Druckenmiller. A six-footer with deep-set eyes and a grin that creeps sideways across his face like a stock ticker, he has been labeled the world's brightest currency trader, an Einstein of the pits. Druckenmiller's paycheck is signed by George Soros, for whom he oversees $22 billion. Uh, make that a little less. Last week Druckenmiller watched helplessly as the Russian debt market vaporized into fiscal neutrinos, taking the last of $2 billion of Soros' Russia-invested money into hyperspace. Fessing up on CNBC, the crestfallen trader...
...market boom has become a crucial source of economic well-being. That helps explain why consumer confidence has soared throughout the '90s even though the average paycheck rose barely until recently. "People who are retired have seen their assets double," says Jon McGeath, who manages the A.G. Edwards & Sons brokerage office in Oakland, Calif. "They've made more money than they ever did working, and it feels terrific...
...water-bearing rock). The company has promised a lucrative payoff: more than $40,000 for each property it leases, plus royalties as high as 25% on the sale of the uranium ore. For some Navajo landowners that could translate into more than $1 million a year--a nice paycheck anywhere, but especially in a region with double-digit unemployment and an average annual income of less than $10,000. Hydro Resources president Richard Clement Jr. says his company will eventually employ about 150 local workers to develop the site, one of the two largest beds of untapped uranium...