Abstract: The present invention is directed to an improved apparatus for carrying and/or storing paper and the like. The apparatus is typically a binder for paper and the like that has a first cover and a second cover. The covers are hingedly connected at one of their ends. On the second, or rear cover, usually in the vicinity of the hinged connection of the front and rear cover, there is typically a holding means such as a multi-ring or another type of mechanism for securing the papers and other items in the binder. At least one cover, usually the front, is made up of a material that is relatively flexible. Both covers are preferably provided with a score line extending from the top edge to the bottom edge at their ends opposite their connection. Extending from the score lines on each cover is an end portion that may be used to secure the covers together. The holding means is preferably a “D” shaped ring and one cover, usually the front, wraps itself around the curved segment of the “D”.