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...There are plenty of people who long ago dismissed Fonda as a professional changeling and controversialist. For them, My Life So Far (Random House; 624 pages) offers juicy celebrity gossip and passages about her adventurous sex life (plus a convenient index). But Fonda doesn't acknowledge skeptics, and she didn't write her memoir-which reveals, among other things, that she suffered from bulimia for 30 years, how she never felt the closeness she yearned for with her father Henry and that she only recently found personal happiness, in part through a conversion to Christianity-simply to tell...
...things," as one character puts it--and suffocating in a Stepford-perfect marriage. "I lived molded to the smallest space possible," she says, "my days the size of little beads that passed without passion through my fingers." When word arrives that her mom has cut off her index finger in a fit of religious mania, Jessie rushes off to take care of her, back to the tiny island off the coast of South Carolina where Jessie grew up. (She's secretly grateful for any excuse to get out of the house.) On the island she meets a skeptical monk...
...these days seems to be groping for a way to get rich off India. Foreign institutional investors poured $8.5 billion into Indian equities in 2004 and $2.6 billion so far this year, up from $750 million in 2002. Awash in cash from overseas, the Sensex?India's main stock index?has doubled in two years, hitting an all-time high in March. As Udwadia puts it, "astute foreign investors" now realize that India's rise is "a unique opportunity." He's right, of course. On a recent visit to Bombay, I quickly found myself as intoxicated as everyone around...
...funds, often with wonderfully alluring names like (my favorite) the Monsoon India Inflection Fund. The most voguish vehicles of all are mid-cap funds that bet on riskier Indian companies that may one day grow up to be blue chips. In November and December alone, the CNX mid-cap index jumped 28%. Nilesh Shah, head of equity strategy at Kotak Securities in Bombay, says his team's fledgling mid-cap fund, targeted at foreigners willing to pony up $100,000, soared 59% in the six months after its August launch...
...growth this year, from 2.5% to nearer 2%. A Bad Day At The Bourses Is the boom off in Central Europe's stock markets? After posting record gains in recent months, bourses across the region stumbled last week. In a single day, the Prague Stock Exchange's PX 50 index tumbled by 5.8%, the second biggest loss in its history; the Czech press dubbed it "black Wednesday." Budapest dropped by 5.45%, while Bratislava and Warsaw fell by more than 2%. By week's end, the bourses closed up to 9.4% lower. Analysts say standard profit-taking was responsible, but perhaps...