Let's hear, next, about investors who try to diversify their portfolios but may have only enriched their advisers. Some brokers and firms have been encouraging customers to invest in managed futures. Those are basically investments in futures contracts, such as gold, or global currencies or pork bellies. They are sold as a way to minimize risk.
David Evans of Bloomberg says, in reality, they've been a bad deal.
JEFFREY HESS, BYLINE: I'm Jeffrey Hess in Jackson, Mississippi which is one of the 34 states letting the federal government take the lead in establishing a health insurance exchange. Heavy web traffic and software problems have made it nearly impossible to use the new web site since it opened last week.
MEREDITH STARK: Why I keep trying is because this is something we need.
Growing up, Barbara Handelsman often felt out of step with her family.
"When I was really little, I thought my sister always had all the power because she was pudgy and cute, where I had all elbows and knees," Barbara says. "I was so shy. I had no idea how to be the popular kid, and so I felt incompetent when it came to trying to be an A+ anything."
Grand Canyon National Park is closed for the government shutdown, but tourists determined to see it can take in views from reservation land. The Hualapai Tribe owns Grand Canyon West, where visitors can venture onto a Plexiglas horseshoe walkway that stretches out over the chasm below.
On the east side of the Grand Canyon, visitors are flocking to the Navajo Nation, where Nita Rodriguez gives a tour.
Cosmo Wenman generated this 3-D model of the Ares Borghese, based on hundreds of photos, from the Basel Sculpture Hall. Wenman publishes the scans online, so that anyone can use them to 3-D print a replica of the masterpiece.
Credit Courtesy of Cosmo Wenman
These torsos were printed in layers of biodegradable plastic. The original sculptures reside at the Louvre in Paris.
Before seeing Paul Greengrass' nerve-wracking, based-on-fact thriller Captain Phillips, I'd never been able to get my head around the logistics of Somali piracy. Enormous commercial freighters, captured and held for ransom by tiny bands of pirates — often teenagers — who always seem to overtake the freighters on the high seas in fishing skiffs smaller than the freighters' lifeboats.
I mean, you wonder: How on earth could four or five teenagers capture a freighter, subduing a far larger crew and extracting millions of dollars in ransom?
Originally published on Fri October 11, 2013 1:43 pm
Escape From Tomorrow, a dystopian fantasy about a laid-off worker on the lam at Disney World, comes bloated with marketing bluster: The movie, as its PR people have been trumpeting for months, was shot guerrilla-style at Disney parks in Anaheim and Orlando.
On Thursday, President Obama met with Senate Democrats. Then he met with House Republicans. And White House staff members continued talks with their counterparts from the House GOP leadership. All that talking just a day after there was radio silence between the two parties. One strong possibility for the change in attitudes is a new NBC/Wall Street Journal poll that shows that the majority of Americans blame Republicans for the ongoing government shutdown and just 20 percent of people approve of the Republican party.
The government shutdown is likely to mean an early death for thousands of mice used in research on diseases such as diabetes, cancer and Alzheimer's.
Federal research centers including the National Institutes of Health will have to kill some mice to avoid overcrowding, researchers say. Others will die because it is impossible to maintain certain lines of genetically altered mice without constant monitoring by scientists. And most federal scientists have been banned from their own labs since Oct. 1.