“Too big to fail” is what they said. Then they started tumbling: Bear Stearns, AIG, Lehmann Brothers, WaMu, Wachovia. So what’s next? Where do you put your operating cash when only the first $250,000 is insured? And where do you go to finance your growth? What is there to bank on these days?
“I don’t understand,” said 13-year-old Noah over breakfast last Sunday. He’d just seen a replay of one of his favorite Red Sox players, Manny Ramirez , hitting a two-run homer for the Los Angeles Dodgers to spark their Saturday night victory. “The Sox just gave him away. They’re even paying his salary for the rest […]
They bit the dust within two weeks of each other. Exactly the same terminal problem, at least as far as our ownership was concerned. My 1998 BMW with 204,000 miles and her 2000 Beemer, with 176,000. I knew the time had come. The clutch had blown out on each of them. Yes, Annie and I […]
The school principal doesn’t come into her classroom very often but, when she does, it’s invariably to make sure that my daughter Katie is working from the right page in the right lesson plan for her first-grade inner-city (not Boston) students. It’s all prescribed. Very little deviation is permitted. Standardized teaching for standardized tests. No […]