NEWS
By Jonathan Pitts | April 6, 2008
Jennifer B. Bodine was in her last semester at Roland Park Country School, struggling academically as graduation loomed. She realized that she probably should have kept her mouth shut. This was the 1960s, when seniors there had a little-known tradition. Every spring, they chose a day to strip their school uniforms, set them ablaze in a trash can, and romp around, at times in their underwear, to celebrate impending freedom. "Why I mentioned this [at home], I'll never know," she said last week, shaking her head.
NEWS
By MarketWatch | December 12, 2007
WASHINGTON -- More than 1 of every 3 workers at retirement age in the 2050s will have nothing saved in a 401(k)-style account, according to a government study released yesterday. On average, workers born in 1990 will save enough to replace about 22 percent of pre-retirement income, or $18,784 per year in 2007 dollars, according to the Government Accounting Office. "Today's workers will more likely struggle to make ends meet during retirement than previous generations," said Democratic Rep. George Miller of California, who had requested the report.
NEWS
By LEONARD PITTS JR. | August 20, 2006
For some of us, Dec. 26 was the emptiest day of the year. After weeks of anticipation, Christmas had finally arrived in a blaze of tinsel and plastic and wrapping paper. It was, for a child, the closest thing to paradise. The day after dawned like an afterthought. Dec. 26 always felt like the fairground after the fair, the ballroom after the ball. Reality had reasserted itself. You awoke from your happy daze to an insistent question: Now what? Something very similar will probably happen soon to the Cuban exile community.
NEWS
By Julie Hirschfeld Davis | June 10, 2005
WASHINGTON -- The federal agency that insures private pension plans faces a shortfall of as much as $71 billion in the next decade, the top congressional budget analyst said yesterday, adding urgency to efforts by President Bush and Congress to shore up the nation's increasingly troubled pension system this year. The Pension Benefit Guaranty Corp., under strain after taking on the pension promises of airlines, steel makers and other companies that have recently declared bankruptcy, could see its losses triple over the next 10 years unless there are major changes, Douglas Holtz-Eakin, the director of the Congressional Budget Office, told a House committee.
NEWS
By Ivan G. Goldman | February 3, 2005
MY SON SHIPPED out for Iraq on Monday. When he told me the Army would issue him a new weapon before boarding, I told him to hijack the plane to Sweden. But you know kids. They never listen. Now our family has joined a select group that panics each time a U.S. casualty is reported. But we just go on about our lives the same way cancer patients do. You keep putting one foot in front of the other. Most Americans figure they can get someone else to shoulder this burden, that some other family will be the tragic, faceless statistic.
NEWS
By John M. Moran | June 6, 2004
Misplaced your definition of defined benefit plans? Forgotten the meaning of mean return? Lost the language of limited liability? Then go to Investor Words.com, which delivers definitions of thousands of investment and financial terms. You can browse the dictionary alphabetically, search it by keyword or scan by subject for terms used in such fields as banking, brokerage, insurance and venture capital. If you're a dedicated investor, or just a curious beginner, you can also sign up for the Investor Words.
NEWS
By Tricia Bishop | January 17, 2003
As the snow came down last night, a Towson education lawyer tried to explain the law and how it defines roles and responsibilities to the Howard County Board of Education, the superintendent and his staff. "This was my idea," said Sandra H. French, the board chairman. "We come from various backgrounds with various phi- losophies, and the law does not support certain nuances of phi- losophy. I wanted us all to hear the same thing at the same time and start to be able to work together from the same base."
NEWS
By Joe Strauss | October 10, 2001
Like everyone else, Mike Flanagan carries a moment, a flash that offers an indelible impression of Cal Ripken, his former teammate who grew to become, as Ripken's younger brother Bill liked to say, "the biggest man in the game." The moment was Aug. 9, 51 days after Ripken had formally announced his intention on June 19 to retire and less than two months before the schedule said it was time to leave. Ripken had just suffered an 0-for-4 game against the Kansas City Royals, a faceless performance within another anonymous loss of a fourth-place season, except it had ended Ripken's hitting streak at 16 games, one shy of his career high.
NEWS
By Mark Ribbing | April 30, 2000
"Time: Its Origin, Its Enigma, Its History," by Alexander Waugh. Carroll & Graf. 280 pages. $25. Time dominates and defines virtually every citizen of the modern industrial world. We are acutely aware of its relentless onward movement, and that awareness governs how we act and how we see ourselves. We structure our lives with clock and calendar close at hand. We try to organize work and leisure by the hour. We try to understand the rush of history and the passage of our own lives by referring to years, decades, centuries, eras.
NEWS
By Joe Strauss | June 6, 1997
Everything with Randy Myers is about routine.It's about an hour before game time and Myers spreads out a national newspaper before him, sits spread-eagle in front of his locker, carves up some beef stick and uses a hunting knife as fork.It's late and close and Myers is called upon to start the ninth inning. His glove in one hand, his warm-up jacket in the other, Myers comes through the bullpen door to perform a ritual jog that seems a cross between hopscotch and stomping grapes. Upon reaching the mound, he finishes each pitch by stepping toward the catcher to receive the throw back, then turns to the third base side of the mound, where he climbs to the rubber.