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December 27, 2013 | By Walter Hamilton
Guess how many Americans correctly answered this basic financial question: Is the stock of a single company usually safer than a mutual fund? A) 100% B) 80% C) 60% D) None of the above. The right answer is D. Barely 1 in 2 people knew that a single stock is not safer than a mutual fund, which holds many stocks. The question, included in a survey by a pair of college professors, underscores a fundamental problem facing millions of Americans. At a time when the world of personal finance is increasingly complex - and when people are more responsible than ever for their own financial future - Americans' understanding of basic concepts is sorely lacking.
August 22, 2008 | Joseph Menn, Times Staff Writer
He is the world's most famous personality, better known in this country than anyone living or dead, real or fictional. Market researchers say his 97% recognition rate in the U.S. edges out even Santa Claus. He is the one -- and, for now, only -- Mickey Mouse. As Mickey turns 80 this fall, the most beloved rodent in show business is widely regarded as a national treasure. But he is owned lock, stock and trademark ears by the corporate heirs of his genius creator, Walt Disney.
October 14, 1992 | From Associated Press
General Motors Corp. Chairman Robert Stempel was in serious condition with an undisclosed illness Tuesday night in a Washington hospital, a spokeswoman said. George Washington University Hospital spokeswoman Terry Abdoo declined to provide details about Stempel's illness. Stempel, 59, was meeting with a representative of the Conference Board shortly after noon at the Willard Hotel when he became ill, GM said in a statement.
September 26, 2005 | From Times Wire Reports
Vice President Dick Cheney walked slowly out of the hospital one day after surgery to repair aneurysms on the back of both of his knees. Cheney emerged from George Washington University Hospital with his wife, Lynne, at his side. He walked to his motorcade without any assistance, although he moved slower than his normally brisk pace. Cheney was under local anesthesia during the six-hour surgery Saturday.
July 1, 2006 | From Times Wire Reports
Vice President Dick Cheney will undergo routine tests today to check on repaired aneurysms on the backs of his knees and the condition of a high-tech pacemaker that was placed in his chest in June 2001. Cheney spokeswoman Lea Anne McBride said the tests at George Washington University Medical Center would include an electrocardiogram.
November 4, 1985 | United Press International
Sen. Edward Zorinsky (D-Neb.) was in serious but stable condition at a Washington hospital where he was taken this morning after he complained of chest pains. A spokesman for George Washington University Hospital said Zorinsky was admitted to the hospital's coronary care unit and was undergoing tests. The spokesman said the tests will determine if Zorinsky had suffered a heart attack.
October 12, 1990
Amelia Short Sonneland, 91, philanthropist who contributed to the Los Angeles Philharmonic, the Los Angeles Opera and USC. Mrs. Sonneland was a graduate of George Washington University and held a law degree from LaSalle University. She and her late husband, psychiatrist Sidney Gaylord Sonneland, also endowed a science chair at the University of Oslo, Norway. Mrs. Sonneland was founder and president of the Physicians' Aid Guild. On Sept. 28 in Hollywood.
March 10, 2003 | From Times Wire Reports
Nauru President Bernard Dowiyogo died in Washington after undergoing heart surgery, an Australia-based spokeswoman for the government said. Helen Bogden said Dowiyogo, 57, died at George Washington University Hospital on Sunday afternoon. He had surgery Tuesday after collapsing while on official business in the U.S. Dowiyogo had been president of the tiny Pacific island nation, between Australia and Hawaii, six times since first being elected in 1976.
November 29, 1986
Dr. Norman Myers has been named the chief of staff for St. Jude Hospital and Rehabilitation Center. Myers received his medical degree from George Washington University Hospital in Washington and has been a member of St. Jude's medical staff since 1966. In addition to his affiliation with the hospital, Myers is a family physician in Fullerton. He succeeds Dr. John Dymond, who held the post for two years.
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