Word: fortes
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...midst of a comeback and the first few companies that have announced earnings have done no better than their gloomy forecasts said that they would. Berkshire Hathaway (BRK) lost its Triple-A rating as GE (GE) did just a few weeks ago. The period of the Fort Knox balance sheet is over in America. As of the Berkshire news, all corporate debt officially carries risk...
Today Paradise Restaurant in Colaba, tel: (91-22) 2285 5629, near Strand Cinema, serves the best dhansak outside of a Parsi home. Jimmy Boy, tel: (91-22) 2270 0880, off Horniman Circle in the Fort District, is the place to go for a taste of lagan nu bhonu - the traditional Parsi wedding spread - if you don't want to wait for the increasingly rare occasion when two Zoroastrians tie the knot. The meal is always finished with baked wedding custard sprinkled with almonds, pistachios, cardamom and nutmeg powder. Ideal Corner, tel: (91-22) 2262 1930, off Pherozeshah Mehta Road, serves...
...Final Four isn't a magic pill that will make Detroit all better. But still, it is at least a temporary boost, especially in these grim times. "This economic injection is real and important," says Rodney Fort, a University of Michigan economist who also specializes in sports. "It's just not permanent." Beyond dollars, we shouldn't discount the intangible perks a major sports event delivers to a city. Detroit families can discuss the big game instead of the plant closing, maybe catch a free concert downtown. And though Michigan State's run may cost the state some extra cash...
...boss to suicide last year, has left that battlefield. "The Army didn't take care of my husband or Sergeant Flores the way they needed to," she says. Though still in the Army, she has quit recruiting and returned to her former job as a supply sergeant at Fort Jackson. Because of the poor economy, she says, she plans to stay in uniform at least until her current enlistment is up in 2011. "Some days I say I've just got to go on," she says. "Other days I'll just sit and cry all day long...
...rush began. College kids were waiting tables to buy condos and flip them; speculators got into bidding wars on unbuilt houses; the price would triple just in the time it took to build. Numbers made no sense; people got drunk and reckless. And then they got crushed. Cape Coral-Fort Myers, once the third fastest growing metro area in the country, last year became the foreclosure capital of America...