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...involving flying pots and pans. His latest venture is hosting The Chopping Block, a new culinary reality show that debuts March 11 on NBC. The competition gives two teams of four couples the task of running neighboring restaurants in New York, and awards the winning pair $250,000 to fund their own place. TIME talked to White about sacking (aka firing) the losers, collaborative cooking, and the inherent romance of food. (See the top 10 food trends of the year...
...well-known market analyst suggests that putting money into the stock markets in China and Brazil will pay off better than keeping capital in U.S. equities. According to Reuters, Mohamed El-Erian, chief executive at Pimco, the world's biggest bond fund manager, said about China and Brazil, "The case for optimism comes from the fact that these countries entered today's global crisis with better initial conditions." (See pictures of the global financial crisis...
Tellingly, both sides appear to be girding for more legal battles. Franken attorney Marc Elias recently sent a letter to the Federal Election Commission requesting an expedited advisory opinion about whether the Democratic Senatorial Campaign Committee can set up two recount funds on Franken's behalf; Coleman's campaign says it agrees with the request. Meanwhile, dozens of GOP leaders solicited donations for Coleman's recount fund via YouTube in late February...
...nobody offered a counter idea," Dodd says, noting that his amendment passed by a voice vote, with no opposition. As evidence of how much distrust there is of Dodd these days, some commentators reacted to the provisions by claiming the Senator was just doing the bidding of his hedge-fund constituents in Connecticut by making it easier for them to woo talent from their more heavily regulated competitors...
...even many of his former hedge-fund backers aren't particularly happy. As Dodd and House Financial Services Committee chairman Barney Frank work to craft legislation overhauling the nation's banking and securities regulations, Dodd's populist ploys give many on Wall Street pause. "The competition for capital and talent is now global. What we saw when the Senate inserted the executive-compensation restrictions was a cause and effect," Tom Quaadman, who works on financial-sector issues at the U.S. Chamber of Commerce, says, pointing to examples of companies like Deutsche Bank and UBS poaching U.S. talent driven away...