Word: bankes
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...tough economic times, though, may be exactly what Enron has going for it. The play details the rise and fall of the notorious, eponymously named, Houston-based energy company, which collapsed amid fraud in 2002. The demise of Enron had little to do with mortgages, bank bailouts or any of the things that have been at the heart of the recent financial crisis. Nonetheless, the lead producer of Enron, Jeffrey Richards, says the play is sure to strike a contemporary chord with audiences. (See the top 10 plays...
...Indeed, Richards and his partners got a bit of unexpected good news in mid-March. A newly released report uncovered accounting tricks at Lehman Brothers, causing many to compare the defunct investment bank, which failed in September 2008, to Enron. That put the energy company, at least briefly, in the headlines again. And Lehman Brothers is in the play as well, portrayed by two actors in an overcoat as a Siamese twin. "It's a play about our society and the way it attracts greed and corruption," says Richards. "Enron was the beginning." (See a TIME cover story about Enron...
...commercial space on the corner of Mass. Avenue and Plympton Street that was left vacant when Adidas closed its doors last December will soon be occupied by TD Bank...
Construction on the 2,400 square food space—which is owned by the A.D. Club—began in February. The new TD Bank branch plans to open its doors this summer...
...Merkel is right not to put their country's money on the table too soon, as it could lift the pressure for reform in Greece. "That would risk setting a precedent of profligate countries taking advantages of the others," says Silvio Peruzzo, a London-based analyst at the Royal Bank of Scotland. "If you set up a bad incentive, then you undermine the credibility of the euro zone. In that sense, the Germans are much more forward-looking." (See pictures of the dangers of printing money in Germany...