Word: bails
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...necessary to break this basic rule from time to time. There's a paradox here. Big action-packed movies are thought to be less risky these days than their less costly competitors. Those stars, those production values, those clichas can bail you out in foreign box-office and home video, which, unlike the domestic theatrical business, are truly mass (i.e., highly conservative) markets. Smaller movies, starring less potent performers, on the other hand, offer no downside protection. They may represent a smaller investment, but they also pose the risk of near total loss...
Because of the endowment, Harvard cannot separate itself from the news media. No longer buried in the financial pages, such money losing news as the Mexican bail-out, Orange County and derivatives, the fall of Baring Brothers and the refinancing of "safe" bond funds by their respective Wall Street sponsors are now out front. One does not even have to be able to read to know of these events! These are scary events even for the pros...
Keith Leahy, a suspect in last week's shoot-out at Harvard Square, was ordered held without bail in a hearing at the Cambridge District Court Thursday, according to Jill Reilly, spokesperson for the Middlesex District Attorney's office...
William Leahy, the suspect's father, asked that his son be released on bail, promising to turn him over to the court if he learned his son was attempting to jump bond, The Associated Press reported yesterday...
...Cambridge District Court Judge Arthur Sherman said that the evidence against Leahy merited the denial of bail, even though the suspect did not have a criminal record, according to The Associated Press...