Word: ghosting
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...Behind the wild success of Ghost Blows Out the Light is a booming internet-novel industry that is largely unique to China because of the greater freedom from censorship enjoyed online by writers and readers. Shanda Literature, which controls over 90% of China's online-reading market, rakes in an estimated revenue of 100 million yuan ($15 million) per year. Running three popular online-novel websites, Shanda boasts a total readership of 25 million and is growing at 10 million per year, according the company. "The Chinese people need a platform to express their creativity," said Hou Xiaoqiang, founding...
...have better luck. Last spring, an unemployed 45-year-old man and his seven accomplices were arrested by police after having successfully dug up artifacts from a 15th century tomb just outside Beijing. Their techniques, as the police soon found out, were an exact imitation of those described in Ghost Blows Out the Light, a hugely popular Chinese online novel that was first published on the Web in December 2005 and has since been read by millions...
...seemingly negligible amount paid by readers still takes up a major part of the company's revenue, Hou says a growing trend in the business is to convert online postings into hard copies of books, plays, movies or even computer games. Ghost Blows Out the Light, whose book and online game versions both became best sellers, already has a movie and a play in the making. More recently, a Shanda fantasy novel called The Star Games just sold its online game rights for 1 million yuan in January. "A major part of our job now is to forage those online...
...good news is that the ghost of the Abu Ghraib prison scandal seems to have been laid to rest. The bad news is that detainee families from across the sectarian spectrum don't trust their government. Salam Baten al-Attiya, 30, a Shi'ite from Sadr City, was at Bucca last week to visit his brother Ali, who was picked up by U.S troops on suspicion of being a member of anti-American cleric Muqtada al-Sadr's Mahdi Army. "My brother has been here for a year and a month; keep him here for another year and a month...
...dollars were dialing back to $200,000. Those who had been offering $200,000 were opting out altogether. Throughout the fall, the hits kept coming. Washington Mutual collapsed. Wachovia was sold off. Treasury Secretary Hank Paulson went before Congress begging for money, looking as if he'd seen a ghost. "It got to the point where I didn't want to pick up the paper or turn on the TV," says LaRoe. "The mantra I kept singing was 'This is perfect, guys. This is perfect. The banks won't even loan banks money...