Word: pooling
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Dates: during 2000-2000
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...known for years who recently left tobacco company R.J. Reynolds said an odd thing to me last week. He's about to roll his 401(k) assets into an IRA, where at last he'll have a pool of money to buy individual stocks. So what's the first thing he plans to buy? No dot bombs for him. A large chunk will go into shares of Philip Morris, his former arch nemesis and a company that Business Week has dubbed America's most reviled--quite a fall from FORTUNE's most admired list...
Near the end of his life, Baltzell observed that the Protestant establishment had been displaced as the national elite by a different group, which he called the "SAT meritocracy"--people selected from a much broader, more national, more diverse pool on the basis of the familiar college-admissions test and then sent on to the same colleges and the same influential institutions the Wasps had previously dominated. Today the President is a lower-middle-class Southern Baptist from Arkansas, the Secretary of State is a Czech immigrant, and the CEO of TIME's parent company is Jewish, but all three...
...pretty boy roles. One of his most profound performances showed his toned butt as he strutted "away from the camera for three seconds" in a national SuperSoaker commercial on television. He recalls the filming as "a fun day spent at a gorgeous house in western Massachusetts, sitting by the pool, and eating chips." Brian also fondly reminisces about his big break as Extra #30 in the movie School Ties starring fellow actors Brendan Fraser, Chris O'Donnell, and Matt Damon. He relished "living it up on the movie set," learning the jitterbug, and schmoozing with the stars. Brian's share...
...Harvard men's swimming and diving team managed to defend its home waters by soundly defeating both of its opponents in the Harvard-Cornell-Dartmouth dual meet Saturday at Blodgett Pool...
...sure, there is no shortage of families who can afford elite institutions. Despite annual tuition hikes at Harvard, its applicant pool swelled from 13,029 in 1992 to 18,167 last year. Families that equate price with quality have allowed costs at elite schools to be on "autopilot," says Gordon Winston, an economist at Williams College. Most wealthy families can afford the high tuitions, and poor families get financial aid, but middle-income families get squeezed--and even squeezed...