Word: elementals
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...this big news? What started the flurry was a comment on CNN's State of the Union by Health and Human Services Secretary Kathleen Sebelius that a government-run plan is "not the essential element" of the Obama Administration's drive to overhaul the country's health-care system. White House Press Secretary Robert Gibbs echoed that point on CBS's Face the Nation, where he said that Obama's "bottom line" is that there should be "choice and competition in the insurance market." Hardly a new development, considering that the White House and the President have been sounding pretty...
...formal arrest of four Shanghai-based executives of global mining giant Rio Tinto - one Australian citizen and three Chinese nationals - it seemed a deliberate ratcheting down of a case that had stunned foreign investors in the country. After all, Beijing had effectively dropped the case's most ominous element: the charge that Rio's Stern Hu and his three colleagues had allegedly stolen "state secrets," in part by bribing executives of Chinese steel companies, who are Rio's largest buyers of iron ore. Under a state-secrets charge, the four men faced the prospect of a secret trial...
David Bowie's "Heroes" plays over the closing credits, and with its lyrics about swimming like dolphins and the line "We can be heroes just for one day," it is an apt choice. There's an element of self-aggrandizement--we sense the filmmakers consider themselves heroes already. I wouldn't argue against that. This is a philanthropic mission, and Psihoyos and his team get their heartbreaking work done. You just hope the hint of boastfulness doesn't dilute the message, because when you're mopping up your tears after The Cove, you want this film to make a difference...
...Securities & Exchange Commission (SEC), concerned about the exponential growth of hyper-frequency trading, announced on Tuesday, Aug. 4, that it was considering a ban on one form of this activity, known as flash trading. But it has said nothing about an even bigger element of high-frequency trading, known as co-location, even as the New York Stock Exchange (NYSE) is building two new facilities to house such traders...
...says, Russia needs an independent judiciary and legislature, a free press, real elections, real political parties. The oligarchs, he says, understand that the system cannot survive forever. They are scared and looking for handouts. (At the top of the list is Oleg Deripaska, head of investment firm Basic Element, which has interests in the aluminum, energy and financial-services sectors among others, and recently received a $4.5-billion infusion from the state.) "Once they found themselves in trouble they started this sort of SOS signal, calling on Putin's door, 'Give us the money,' " he says. Lebedev says...