Word: channelling
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...According to CNBC, AIG is about to post another huge loss. "Sources close to the company said the loss will be near $60 billion due to writedowns on a variety of assets including commercial real estate." The financial channel also reports that the need for capital may be so great that AIG might have to enter Chapter 11, something the government has spent over $130 billion trying to prevent. (See pictures of the Top 10 scared traders...
...still stands as one of the 20th Century's greatest feats of engineering: over a decade, vast battalions of workers braved illness and misadventure to carve a 50-mile long channel through the Panamanian isthmus to connect the Atlantic and Pacific oceans. But for University of Maryland history professor Julie Greene, the project was about more than miles dug or dirt shifted. "We have long perceived the canal as involving conquest over nature, and there's some truth in that. But it also involved conquest over the tens of thousands of men and women in the Canal Zone...
...Intercontinental Hotel in downtown Buenos Aires, owned by millionaire property developer Eduardo Elsztain, a partner of George Soros in Argentina and a leading figure in the Argentine Jewish community. Jewish leaders were incensed by statements by one of the organizers of that march carried on a major radio channel. "We are going to march to their business offices, to where the rats hide, to single them out, and we will take the offices if necessary, we will surround them and block them up, demanding right there, in the nest of the rats where the Zionist capital is, that they withdraw...
...Goody's ventures, the one predicted to net her the fattest profit is her death. She had already signed up to star in another reality series (in one of the many ironies that define her life, it happened to be for a channel called Living TV) when she learned of her condition in August. Since discovering last Friday - Friday the 13th, no less - that her illness is terminal, she has secured a series of deals that will reportedly swell her sons' inheritance by ?1 million to ?1.5 million ($1.4 million to $2.1 million, roughly). These include a televised interview with...
...internet, Tim Berners Lee, was present at the launch, which is not bad considering it's mostly a glorified Facebook page. Why does Her Maj even need a website? She doesn't. As she explains on one of the crackling vintage radio addresses available on the royal YouTube channel, the point of being queen is to serve. It's we regular folk who need the website. In her munificence, she provides it. (See the 50 best websites...