Word: arene
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...huge hit in Europe, might we see the show Stateside? People in the industry aren't sure there's an appetite for another show about big families, especially one with a single mother. "The big draw of Jon & Kate Plus 8 is the marriage," says Sternberg. "People want to see how that works out. The Octomom doesn't have that." But it looks like she could find a lot of fans overseas...
...When the legacy loan and securities programs seemed unworkable in February, the market collapsed. But both Treasury officials and the market now believe that the banks aren't in as bad of shape as everyone thought back then. The fact that they can raise so much money from private sources means confidence is returning to the markets and credit is loosening up. "Success to us is that the system gets better, healthier," says the senior Treasury official. "Whether they sell into something we create or not doesn't matter...
...Which is fine as long as the banks are actually as healthy as everyone now seems to think they are. But if they aren't, the toxic assets will once again become a dangerous threat to confidence. And the government will be back to trying to figure out how to get the banks to sell them...
...Fund," says Beijing-based China scholar Russell Leigh Moses. Premier Wen Jiabao recently pleaded with Washington to safeguard China's investment in U.S. bonds, which will decline in value if the dollar weakens on foreign-exchange markets. That too, says Moses, was a reminder to the U.S. that "you aren't in the driver's seat anymore and maybe you should move over." (See 10 things to do in Beijing...
...seems unlikely, then, that Sunday's elections will mark anything like a resurgence for benighted South Ossetia. "People don't believe that the elections were fair; they are losing faith," said Alan. "If nothing is done, and promises aren't delivered, then we will protest. I know eventually we will get what we want." Judging by past events, it will not come easily...