Word: choses
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...There is a point to these incessant conversations about Bernie on the web, on the front pages of most newspapers, and in our personal ruminations. We want to understand what kind of environment would allow his decades long financial fraud to thrive. We want to understand why sophisticated investors chose to believe that any money manager could have a multi-year string of returns which is a near statistical impossibility. (See pictures of Bernard Madoff's demise...
...Madoff may be the most unsettling memory during this time when investors chose to believe blindly that nothing could go wrong with the economy or capital markets. The money-making machine had become perfect. The global expansion which stretched from China to India to Europe, the Middle East,and the U.S. had become so broad that if one element or another failed, the foundation of the system would still be unshakable...
...habit - President George W. Bush himself famously said that America was "addicted to oil." And it won't be easy for the U.S. auto industry, already on life support, to shift quickly to more fuel-efficient models after years of resisting them. But the very fact that Obama chose to tackle fuel economy at the start of his Administration gives greens hope. "President Obama has done more in one week to reduce oil dependence and fight global warming than President Bush did in eight years," said Daniel Weiss, director of climate strategy at the Center for American Progress. It truly...
...True to their advanced age and ideological inclination, the Academy's geriatric Lefties chose as the five nominees for Best Picture films set totally or mostly in the past, when moral lessons could shine with pristine clarity. The members wanted to look back in a kind of rancorous nostalgia - to dedicate this year's selection to the preservation of a political and artistic status quo from the dear dead days of the '50s, '60s and '70s, back when the members were barely pushing...
...When the Academy did honor famous people - stars who might actually prop up the sinking ratings of what was once the highest-rated TV show except for the Super Bowl - it chose the wrong ones, or the right ones in the wrong films. It's sweet that Angelina Jolie will accompany her beau Brad (Best Actor nominee for Benjamin Button) to the ceremony, but a shame that she was made a Best Actress finalist for her work as the desperate mother in Changeling, a performance so miscalibrated that it yanks the story out of its period whenever...