Word: approachers
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...capital and no place to put it. Studios, meanwhile, were looking for a way to please their fiscally conservative corporate parents and share some risk. Some financial whizzes matched supply with demand and came up with a new way to bankroll films: institutional investors could take a portfolio approach to film financing and buy a stake in several of a studio's films, like a mutual fund of movies. The goal was to share in the typically 13%-18% annual rate of return that studios enjoy, with hits outweighing duds...
With the rise of affordable digital cameras, these days anyone can click a shutter and produce a technically competent picture. So it's appropriate that the first-ever Singapore International Photography Festival (SIPF), set to take place from Oct. 8 to 31, took an egalitarian approach to submissions. "Our curators went through a blind selection process, and to lower barriers to entry, we [decided to] undertake the printing of all the works," says Gwen Lee, the festival's director and founder of the 2902 photography gallery. It's a generous move by the not-for-profit festival, given that...
...There's an argument to be made that if this kind of regulatory approach had continued into the Bush years, some emerging financial market excesses might have been nipped in the bud. Until very recently, the Bush Administration has showed no interest whatsoever in tightening financial regulation, and at the Federal Reserve Alan Greenspan was if anything even less interested. The Fed had the power to impose stricter mortgage lending rules even on non-banks, which it finally did earlier this year - banning, among other things, the making of loans "without regard to borrowers' ability to repay the loan from...
Though I differ with Senator McCain on specific issues, I've always admired his maverick spirit and straight-talk approach to the press. But his interview with TIME raises grave concerns. McCain could have defused legitimate questions about his campaign's new discipline in any number of ways, but to put reporters from a major newsmagazine in the deep freeze betrays a fundamental lack of self-control, not to mention candor. Do we really want to elect such a mercurial individual as our Commander in Chief? Owen Prell, MILL VALLEY, CALIF...
Mixing pragmatism with relentless energy, Nicolas Sarkozy has brought his undeniable lawyerly talents for persuasion and negotiation to French diplomacy. His personal, even solitary, approach means both his successes and his failures are accountable only to him. Yet if France is undeniably "on the move" again, the question remains: Is she always moving in the right direction...