Word: berliner
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Dates: during 2000-2009
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...imagination. The intelligence at work behind these stories is generally apparent, but this fact outpaces creativity more often than not. Their existence seems contingent on Merz (the movement Schwitters founded in 1918—and his pseudonym during his life—that paralleled many of the ideas of Berlin Dada), rather than a strong contribution to its corpus. The language lacks distinction, the plots are sometimes nonexistent and more often overly didactic, and the symbols are tired. For example, in “The Little Clock Spirit and the Lovers,” a couple is disturbed...
...insured their assets with AIG or Lehman Brothers. So after those two pillars of U.S. finance crumbled, German cities suddenly faced the risk of having to make huge payments - taken together, as much as €30 billion ($40 billion), according to some estimates - to their American investors. (Read "Why Berlin Says U.S. 'Bad Bank' Plan...
...case of BVG, the insurance was provided by Hypo-Vereinsbank, the Landesbank Berlin (LBB) and Credit Suisse. The LBB was privatized in 2007. Expecting that LBB would be downgraded by ratings agencies, BVG was planning to insure its assets through another state-owned bank in Germany, the Landesbank Baden-Wuerttemberg. But city officials say BVG's advisor, J.P. Morgan, suggested the transit company spread the risk by insuring the deal through a collateralized debt obligation, or CDO, backed by a consortium of some 150 banks and insurers that included AIG and Lehman Brothers...
...that London would be the jurisdiction for any court proceedings with BVG. That move possibly suggests that J.P. Morgan is preparing a claim against BVG. Reetz, the BVG spokeswoman, says the transportation company learned of the J.P. Morgan filing last week when BVG filed to have a trial in Berlin should there be one. "So far, no one has come forward with any demands for payment. But if they do, we will fight them in court. And we want to do that in Berlin, in our own language." says Reetz...
...clips were evaluated by members of the London Symphony Orchestra and the Berlin and New York Philharmonics, among other ensembles, who selected 200 finalists. Those videos were posted on the YouTube Symphony Orchestra channel in February. YouTube users then voted for their favorites, American Idol-style - and in Idol-like droves. Since the launch of YouTube.com/Symphony in December 2008, organizers say, the site has received more than 14 million views. (Read TIME's 1974 story "Carnegie Goes Electronic...