Word: actualizations
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...that it's not about anything. In fact it's amazing that anybody could put together a book that is this compulsively readable while at the same time being almost entirely devoid of substance of any kind. When you read Michael Crichton or Scott Turow, their books wrestle with actual issues - the dangers of technology, the agonizing ambiguities of legal decision-making, what to do with underwater alien spheres, etc. The Associate is as close to being about nothing as a book can be - it's a masterpiece of almost ghostly narrative minimalism, a book of names without characters...
...came knocking on Joseph Forte's door in Broomall, Pa., for allegedly scamming 80 investors out of $50 million. Forte had been selling false securities in limited partnerships since 1995. Forte's forte, the SEC says, was in reporting consistent annual returns of 18% to 37%. In actuality, the fund's only real consistency was in its losses. On Sept. 30, 2008, Forte said his fund was valued at $150 million, while the actual balance was about $147,000. Whoops! (See the worst business deals...
Worse, many experts consider the offset system deeply flawed. A 2008 Stanford University study found that between one-third and two-thirds of carbon offsets under the U.N.'s Clean Development Mechanism - which oversees offset projects under the Kyoto Protocol - do not represent actual emission cuts. In addition, the USCAP proposal recommends that many of the initial carbon emission allowances under a cap-and-trade system should be given to industry free, rather than auctioned - even though auctioning would push carbon reductions faster. (President-elect Obama has said he's in favor of auctions.) "The proposal is a dead...
Although Caroline Kennedy's rather disorderly withdrawal from consideration to replace Hillary Clinton in the U.S. Senate may have overshadowed New York Governor David Paterson's actual choice, Representative Kirsten Gillibrand is not someone who stays in the background. The ambitious mother of two fulfills two criteria Paterson reportedly had in mind: she's a woman, and she's an Upstater with deep family ties to the Albany area...
What Bolivia is after is a largely, if not purely, state-run lithium industry from mining to industrialization, which might even include actual manufacturing of the coveted lithium-ion batteries. Morales recently announced a $5.7 million pilot plant to process raw lithium carbonate, now under construction on the edge of the Salar, which hopes to produce its first 40 metric tons of the material by the end of this year...