Word: havener
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...underlying reason for the relative lack of panic so far is that Dubai real estate remains a financial haven for wealthy individuals from riskier nearby countries like Iran and Pakistan. What's more, Dubai's real estate sector is dominated by a handful of major companies - collectively dubbed "Dubai Inc." - that are directly or indirectly owned and controlled by the government. This means, analysts say, that Dubai authorities could effectively stave off a bubble burst by keeping finished projects off-line until market conditions improved. In the event of a systemic threat, Dubai can probably rely on super-rich...
Once upon a time, YouTube was a haven for amateurs, with its "broadcast yourself" tagline, home movies and lip-synched musical numbers. Now it's playing host to Hollywood professionals. On Friday, Magnolia Pictures is premiering The Princess of Nebraska, the latest film from director Wayne Wang (The Joy Luck Club, Maid in Manhattan), via streaming video in the recently launched YouTube Screening Room...
...next. "Just what would you do differently," says John Weicher, a director at the Hudson Institute and a former assistant security at the U.S. Department of Housing and Urban Development. "I'm inclined to believe that the efforts we have made to help homeowners have been successful, they just haven't been enough...
...felt "remorse" for embarrassing himself and his wife and daughter. Mahoney insists he's broken no laws, as the money came from personal funds and not campaign or taxpayer money. And he'll stay in the race. "I've tried my best. I've been a good congressman. I haven't done anything wrong," Mahoney said...
...While that may be laudable in humanitarian terms, Bruni's defense of a convicted Red Brigade terrorist struck some as the summit of hypocrisy and indecency. As a child in the 1970s, Bruni fled Italy with her wealthy industrialist Bruni-Tedeschi family to take haven in France in fear they might be selected as targets by leftist terrorists during Italy's "years of lead." Roberto Della Rocca, who survived seven shots fired at him in 1980 by the Genovese faction of the Red Brigades, would not comment on the First Lady's role, saying that it is Sarkozy who must...