He used to tell me that readers were leaders, and encouraged me to read all I could. As a result, I’ve always kept up with the newspapers, faithfully read news magazines and learned to really enjoy books, all of which have been an invaluable help to me in radio and television reportin...
How it works: A severe thunderstorm uproots a tree that falls onto your home, crushing part of the roof and attic. You’d pay your share of the repair cost — known as the homeowners insurance deductible— and then the insurer would pay the rest, up to your dwelling coverage limit. ...
Knight’s favorite chair, and chain smoked cigarettes as he waited for the family of four to return home. Later described by newspapers as a “ne’er-do-well,” David Early had been in and out of jail or prison for most of his life. In addition to his federal time, Early had served...
The last part is the tricky part. Say you buy a TIPS maturing in a year’s time. If when it matures the FX has moved, if you haven’t hedged the FX then there’s every chance the FX movement will dominate the bond return (e.g. today you sell £10k to buy $12.5k, buy a T...
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On the night of the robbery he would leave $50,000 in the vault58 to pay the robbers for their trouble, but, when he came to announce the robbery to the police and the newspapers, he would declare that $200,000 had been taken. In this way his thefts would be covered up and he ...