Word: spent
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...Direct persevered. "When we were making all those big investments without too much return, I had to answer a lot of questions," says Michel Tilmant, who chairs the executive board of parent company ING in Amsterdam. But ING was committed to Kuhlmann and the ING Direct vision and spent the money to continue...
...problem with DB is that sponsors are prone to lowball or ignore the true cost. In the U.S., where corporate pensions provide a key supplement to Social Security, Congress has felt the need to pass multiple laws aimed at preventing companies from underfunding them. In response, some companies spent billions shoring up their funds; many others simply stopped offering pensions. Just since 2004, at least 66 big companies have frozen or terminated their DB plans, estimates Barclays Global Investors. Corporate DB has given way to individual DC plans like the 401(k) and IRA. But these put too much responsibility...
...been conditioned to hate touch screens; we've all spent way too much time timidly caressing tiny laptop trackpads and jabbing fingers at the grubby, unresponsive touch screens on ATMs. But the iPhone's screen is another animal altogether. It's extremely sensitive, like a trackpad, but not oversensitive. There's software in there designed to filter out inadvertent touches, interpret gestures and anticipate what you're groping for. Unlike a trackpad, which goes berserk if you try to touch it in two places at once, the iPhone's touch screen can handle multiple touches. After you take a photo...
Charles Krauthammer's foreign policy column After Sept. 11 Krauthammer wrote about a radical and dominant approach to foreign policy, which the Bush Administration adopted. Now the next President will need to be an international expert, have a style of patient diplomacy and preferably have spent some time overseas or in the military...
This latest attempt to convert the bill's opponents comes as Democrats and Republicans both spent the past week volleying blame back and forth. After Senate Majority Leader Harry Reid, the Democrat from Nevada, pulled the bill from debate last Thursday night (following a failed attempt to end debate), Republicans pointed to that action as evidence of the Democrats' lack of genuine interest in the legislation. Democrats, on the other hand, complained the G.O.P had slowed down the bill's progress with a litany of amendments. Thursday night, however, the group of Senators that have shepherded this bill agreed...