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...didn't want to deal with the nuts and bolts of the process. "I lead a very busy life. I just want to get rid." With no time to write a blurb and take digital photos of the gown, submit them to eBay, monitor the auction, and await payment before shipping the item, Labovitch instead brought her gown to Auctioning4u - a two-year-old London company that did it all for her. The firm got her a $630 selling price, and took just over $200 of that for itself. Welcome to the latest in eBay piggyback businesses. Fostered by eBay...

Author: /time Magazine | Title: The eBay Piggybackers | 2/6/2005 | See Source »

...retirement. At retirement, you would still get a traditional Social Security check, but it would be smaller, reflecting your diminished contribution to the system. You would also be required to commit a portion of your personal account to an annuity-to trade in the assets for a guaranteed monthly payment for the rest of your life. Your annuity commitment would have to be large enough that the monthly proceeds plus your Social Security check would keep you at least above the poverty line. Any money left over in your personal account could be used as you wished--taken...

Author: /time Magazine | Title: The 4% Solution | 2/6/2005 | See Source »

Under the previous agreement negotiated in 1990, Harvard made a payment of $1.7 million to the city last year, but residents and city officials have often cited the University’s hefty endowment and called for a larger contribution...

Author: By Joseph M. Tartakoff, CRIMSON STAFF WRITER | Title: Harvard Reaches PILOT Deal With City | 2/2/2005 | See Source »

Harvard will make a one-time payment of $1 million this year on top of the regular amount. With an annual increase of about 3 percent and an additional $100,000 every decade, the city has estimated the deal will be worth more than $255 million over the 50-year period...

Author: By Joseph M. Tartakoff, CRIMSON STAFF WRITER | Title: Harvard Reaches PILOT Deal With City | 2/2/2005 | See Source »

Under a 40-year deal signed December 3, MIT increased its voluntary payment to $1.5 million with a 2.5 percent annual increase. In another major part of the agreement, MIT pledged to limit the conversion of its commercial property to tax-exempt...

Author: By Joseph M. Tartakoff, CRIMSON STAFF WRITER | Title: Harvard Reaches PILOT Deal With City | 2/2/2005 | See Source »

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