Word: givees
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...hope Sovereign is worth more than the peanuts Santander paid for it. "If a bank is strong, it is not for sale. Banks are sold, not bought," says Juan Rodríguez Inciarte, Santander's director general and an architect of its international expansion. Inciarte says Santander will give Sovereign the same treatment it gave the U.K.'s Abbey National bank, an ailing mortgage provider it bought for $11.2 billion in stock in 2004. It was Santander's first foray into Anglo-Saxon territory, and it met contemptuous resistance to Botín's "Spanish paper," in the words...
...worked closely with American Airlines on Up in the Air. Did they give you any Ryan Bingham--esque perks...
What advice do you give to those who hope to become filmmakers...
Maybe all the stuff we thought we wanted in the future sucks. Flying cars would block our light, food pills would make Gordon Ramsey's screaming even more preposterous, and those moving sidewalks just give me another reason to hate fat people at airports. Far better is to have control over our most valuable commodity: time. Sure, we complain about being busy, but that's pretty great as long as we get to choose when we do things. The truth is, my editor will never even call me. She'll just e-mail. Which is actually fine with me. There...
That's one common predicament. A few miles to the east, Bonney pointed out a dusty lot that represented another stage of real estate pain. The bank that financed the purchase of the lot had decided to bite the bullet and take possession of it rather than give the developer a construction loan for a building no one would occupy. There already was a newly constructed - and empty - building across the street. The bank that made the construction loan for that building would soon have to decide whether to "extend and pretend," as the industry saying goes, or take...