Word: bets
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...charge subscriptions for our content. (Of course, we always could charge for subscriptions on the Web, but who'd pay for that experience?) And now, with a rumored 9-inch iPod Touch heading to consumers - an Apple iReader! Linked to Apple's one-click-to-pay App store! - I bet great magazines and newspapers will come up with iterations that you actually will pay for. Once people own gorgeous gadgets, they want to augment them with content. The iPhone and Kindle proved that. Hearst is so convinced this is the way to go, it's building its own device...
Next up is Dunster, whose video is...well, let's just say it's in true Dumpster form (you can see where this one's going) who took down their initial attempt...again, we'll reference what will probably be their best bet...
...Another bet that didn't pay off for Freddie was on interest rates. The firm's managers bought derivatives that would pay out if interest rates rose. Instead, a global financial meltdown has caused interest rates to plummet. That resulted in a $15 billion loss for Freddie from its hedges...
Currier's modus operandi, of course, is partying. Stein Clubs may be standard, but the house is known for blowout Fishbowl events such as Currieroke, when tutors and tutees alike can be found belting out '80s classics, and the notorious Halloween party Heaven and Hell. You can bet something is going down on 64 Linnaean any given weekend...
Time is running out. Olmert has only a few days left in office, and he has dispatched two envoys, including Shin Bet security services chief Yuval Diskin, to Cairo for indirect talks with Hamas, which may be hung up on details of an exchange. Those talks were extended until Monday night, raising the expectation that Hamas might agree to free the captive soldier, who is hidden somewhere in Gaza. "It's been very tough," Noam Shalit told TIME. "But we can't give up. I have no alternative but to be here, in this tent." But as of Tuesday morning...