In Brief: Feb. 21, 2000

FEE YOU LATER Scudder Kemper has decided that to keep and lure investors, it has to lower costs and simplify choices. That's a good start. The company is cutting the number of funds offered from 77 to 43. Say goodbye to the Scudder Financial Services Fund. Say hello to lower fees: the expense ratio for the Scudder Balanced Fund will fall to .77% from 1.33% if the plan is approved. We vote yes.

STAR BUCKS What would you pay to shoot a round of golf with Tiger Woods? (And how many strokes would you get?) A new site called

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!