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...view, this is admirable behavior that demonstrates restraint and self-moderation. Why does he insist on characterizing it as insincere? Would he rather that they rent stretch-Hummers and spray Dom and Henny on us poor plebs as they drive by? Would this be in the true nature of rich Harvard students, as Mr. McAuley sees them...

Author: By Nick Nehamas | Title: Friends with Money, and Principles | 3/25/2010 | See Source »

...Smoking Gun, a Web site that posts legal documents online, reported that Jean and his business associates received $410,000 in payments from Yéle Haiti from 2005 to 2007. According to Yéle Haiti's tax returns, the charity paid out $31,200 in rent to Platinum Sound, a recording studio co-owned by Jean; $100,000 for the "musical performance services of Wyclef Jean at a benefit concert;" and $250,000 to Telemax, S.A., "a for-profit Haiti company in which Jean and Duplessis were said to 'own a controlling interest...

Author: By George T. Fournier, CONTRIBUTING WRITER | Title: Really, Wyclef? | 3/23/2010 | See Source »

...Revolution, and less than 15 years down the road from a nasty bout of inflation - consumer prices rose a staggering 21% in 1994 - the Chinese regard real estate as vital security (what Tsinghua's Chovanec calls the "bar of gold" syndrome). Yang says he hasn't even tried to rent out two of his three apartments because "it's not that important to gain income from them; there is security in just owning them. They are paid for, and I know that if I ever get into any kind of economic trouble I can sell them. That's real security...

Author: /time Magazine | Title: China's Property: Bubble, Bubble, Toil and Trouble | 3/22/2010 | See Source »

...story of how this job will come to exist starts five years ago, with one man's frustration at how hard it was to find and rent a beach house for his family vacation. Brian Sharples, who was between jobs at the time, didn't understand why he couldn't go to a single website - as he would go to Expedia for airline tickets - to find a comprehensive list of houses for rent. So, with a business partner, he started such a site. Five years later, the company has $120 million a year in sales, employs 600 people in five...

Author: /time Magazine | Title: The Workforce: Where Will the New Jobs Come From? | 3/19/2010 | See Source »

...HomeAway is hiring for a very simple reason: people who own houses and want to rent them out are happy to pay $300 a year to have the company spread the word - which it did in a Super Bowl commercial. "Jobs get created by providing a product or service that's better than what's out there," says Sharples. "There was an existing market for vacation rentals, and we've created efficiencies in that market. Now that it's cheaper and more efficient, more people are doing it, and the market is expanding...

Author: /time Magazine | Title: The Workforce: Where Will the New Jobs Come From? | 3/19/2010 | See Source »

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