Word: derailings
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...Obama will also criticize the banks for trying to derail financial-regulation reform, which passed the House last week but faces multiple battles after Christmas in the Senate. And he'll scold them for continuing to distribute high bonuses, especially when they reward excessive risk-taking. The senior bank executive at one of the banks meeting with the President Monday describes the process as a "public spanking" and says other than the public humiliation the Administration has little leverage. (See the top 10 crooked CEOs...
...scandal over Tiger Woods' alleged multiple affairs keeps expanding, NBC's experience that afternoon underscores the tricky lie in which the networks that broadcast golf now find themselves. No single athlete has the power to propel, or derail, his sport more than Woods. He's the meal ticket, the key to big ratings, and it's in each network's interest to stay in Woods' good graces - whatever that means...
...Will the controversy derail efforts to curb warming? Although the e-mails have no bearing on the scientific case for climate change, they'll likely have a major political impact. At the very moment when countries around the world - including the U.S. - seem poised, finally, to begin to control greenhouse-gas emissions, the controversy created by the e-mails allows skeptics to roll some of the momentum back, at least by injecting doubt among a confused public. (Facebook users, comment on this story below...
...Michael's enablers are white folks. Here are the film's main black characters: his crack-addicted mother (Adriane Lenox, who's very good, considering what she's got to work with); a drug lord and his posse who try to derail Michael from his destiny; and a buppie lawyer from the NCAA who investigates a charge that the Tuohys have unfairly steered Michael, who's finally a much-recruited high school star, into the Ole Miss football program. These characters are either lost, evil or suspicious. It's as if blackness were a plague and adoption by whites...
Still, policymakers must tread carefully. With exports improving but still weak, exiting stimulus measures too soon could derail the economy's recovery. Even restraining the property market could affect growth, since investment in the sector - which accounts for a full 10% of GDP - has been a key driver of China's overall economic rebound. Investment in property jumped nearly 18% in the first three quarters of 2009 from the same period in 2008. (Read "China's Own Version of the Real Estate Bust...