Word: frothier
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Also, many private players plan to take advantage of federal financing programs, such as TALF (Term Asset-Backed Securities Loan Facility) and PPIP (Public-Private Investment Program), which will give them low-cost financing when acquiring troubled assets, making their potential returns even frothier. (See the top 10 financial-crisis buzzwords...
...radio and online newsrooms and cut up to 490 jobs "should have been done earlier," says Byford. "We're a multimedia broadcaster increasingly organizing around a multimedia platform." But whether or not these cuts deliver the benefits he envisages, the spectacle of the BBC targeting core services and preserving frothier output fuels concerns that it has lost its reason for being. Richard North, author of the 2007 book Scrap the BBC!, calls the broadcaster a "grotesque monopoly" and advocates its privatization. "Broadcasting now needs no more control or support than the print media," he says...
...Whether or not these cuts deliver the improvements Byford envisages, the spectacle of the BBC targeting such core services and preserving frothier output fuels concerns that it has lost its reason for being. Richard D. North, author of a 2007 book called Scrap the BBC!, calls the broadcaster a "grotesque monopoly" and advocates its privatization. "Broadcasting now needs no more control or support than the print media," he says...
...Superstar investors contemplating the frothier realms of the market should be getting nervous. Indiabulls, a financial-services firm that hopes to profit as wealthier Indians buy more stocks, has seen its shares quintuple since last fall, while shares of Pantaloon Retail?a chain of clothing stores, malls and supermarkets?have risen eighteenfold in two years as investors bet on the spending power of the Indian shopper. But such gains are less a reflection of unlimited promise than of limited supply, with investors bidding up the few stocks that offer a way to play these trends...
...phenomenal success of The World According to Garp (1978) vindicated Irving's belief that what Dickens knew in the 19th century still holds true: a serious novel with an irresistible plot and vivid characters will not go begging for readers. The Hotel New Hampshire (1981), though lighter and frothier than Garp in most respects, offered a gallery of Dickensian eccentrics. But the author of such novels as Oliver Twist and Hard Times had more than entertainment on his mind; he used his fiction to expose and condemn abuses of the helpless. So, this time out, does Irving, and his crusade...