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Except for one thing: Caramel is set in Beirut, where its leading characters speak either Arabic or French and never speak of the terrible torments visited upon Lebanon by its recent, tragic history. The director, co-writer and star of the film, Nadine Labaki (she's the shop's owner) dedicates the film to "My" Beirut and she presents the city as unscarred by warfare and looking, frankly, rather chic - an up-and-coming Third World capital, which, of course, it once was before it was gripped by religio-ideological terror...

Author: /time Magazine | Title: Caramel: A Satisfying Bonbon | 2/1/2008 | See Source »

...from investment banking activities, which interest Crédit Agricole. By tipping its hand, Mistral notes, BNP may be signaling to rivals now mobilizing in the wake of the debacle that it's about to launch a bid it had contemplated even before the Kerviel affair. Meanwhile, comments by French officials indicating the government would step in and prevent foreign "predators" from exploiting the Société Générale fiasco drew fire from European Union authorities. Mistral suggests that BNP's shot across the bow was a boon for the government: "by signaling to rivals abroad...

Author: /time Magazine | Title: Rivals Eye SocGen Buy-Out | 1/31/2008 | See Source »

...Société Générale's CEO post in 1997, Bouton has fended off several takeover bids. The most notable effort came in 1999, when BNP sought to buy Société Générale in an attempted three-way merger with French bank Paribas. Bouton's defensive maneuvers to prevent that were strengthened by labor stoppages by bank employees, many of them shareholders, whose support of Bouton since the Kerviel debacle has been solid. Despite that collective determination, Mistral says Société Générale's hostility...

Author: /time Magazine | Title: Rivals Eye SocGen Buy-Out | 1/31/2008 | See Source »

...eligible for dizzyingly huge bonuses is so alien to the average Wall Street trader that they're still trying to digest it. One, a college friend of mine who didn't study "trading" but English literature, and is now a multimillionaire, e-mailed me: "What is that, a French thing...

Author: /time Magazine | Title: Masters of Mayhem | 1/31/2008 | See Source »

...former female presidential candidate will likely comment on the current prospects of another, as former French Socialist Party candidate Ségolène Royal comes to Harvard next week to speak about the role of gender in politics and her work to revitalize the French Left. Royal, who lost her bid to become President of France last May to conservative rival Nicolas Sarkozy, will be at Harvard in time for “Super Tuesday,” when presidential candidate Hillary Clinton will be competing in over 20 states for the nomination of the Democratic Party...

Author: By Prateek Kumar, CRIMSON STAFF WRITER | Title: Royal To Speak on Gender and Politics | 1/31/2008 | See Source »

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