Word: commerciales
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But the novel has caught fire. More than a million paperback copies of Revolutionary Road, which made little commercial ripple when it came out in 1961 (though it was nominated for a National Book Award), are now in print, and the Vintage paperback has been on the New York Times...
Back in 2004, Gwen Stefani made her debut as a solo artist with a posse of Japanese females in tow. Christened the Harajuku Girls, they introduced the American public to a particular brand of the Japanese fashion scene, though its representation was severely skewed. The style originated in Tokyoâ?...
JPMorgan Chase Loan losses: JPMorgan largely avoided the troubled subprime-lending game. Not so Washington Mutual, which JPMorgan acquired in 2008 in an FDIC-brokered deal. With housing prices still falling, many of those WaMu loans are going unpaid. JPMorgan has $105 billion in credit card loans, which could cost...
Bank of America Loan losses: BofA's buyout of mortgage broker Countrywide means the bank has $400 billion in home loans outstanding - more than its competitors. Worse, Countrywide, by nearly all accounts, had shockingly low lending standards. Chalk up a higher-than-average $40 billion in losses there. On top...
Wells Fargo Loan losses: When Wells Fargo acquired Wachovia late last year, it more than doubled its loan book. In good times, that would be a major coup. These days, it's major trouble. Home buyers owe the bank $360 billion, up from about $150 billion just three months ago...