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...seem ghoulish - after all, they depend on companies to perish. And the job doesn't sound dignified or sexy. But it surely pays these days; the going-out-of-business business is booming. Circuit City, which announced its shutdown last week after filing for bankruptcy in November, is the latest prime catch. The four liquidation firms that scored the Circuit City contract - it's too big for one company to handle - must clear $1.7 billion worth of merchandise out of 567 stores nationwide. (See the top 10 financial collapses...
Ziauddin Sardar has written extensively on Islam, science (he used to be Middle East correspondent for Nature and the New Scientist), postmodernism, postcolonialism, multiculturalism and the complex reconciliation between Muslim belief and modernity. True to form, his latest book, Balti Britain: A Journey Through the British Asian Experience, is a simmering pot of topics that start off as an investigation into the origins of the dish that began life in the curry restaurants of Birmingham, England. It then moves into a historicized and dizzyingly wide-ranging enquiry into the origins, settlement, assimilation and cultures of the subcontinental diaspora...
...latest skirmish in the checkerspot conflict began in October 2007, when an attempt to fight an infestation of tree-destroying looper caterpillars aroused the ire of environmentalists, who argued the insecticide also threatened checkerspot larvae. The government denied demands for an emergency protected-species listing but agreed to reopen debate on permanently adding the checkerspot...
...economic misery. He moved early to step into the picture, despite the presence of a sitting President, and, day by day, took control of the national debate. By last weekend, most of the stories about the nation's next steps at home and overseas turned completely on Obama's latest remarks and inflections. Some commentators were already routinely referring to him as the President. (See pictures of Obama's nation of hope...
...possibility of finding a buyer for Satyam. Since then, board member Tarun Das has said the company was approached by a potential buyer. Board members insist the company has solid cash flow and can continue. Yet with fresh revelations about Raju's alleged malfeasance surfacing every day - the latest, that he deleted all his e-mails from his final month as CEO - there are fears that the company's liabilities may be so high that it may be forced to fold by the end of the year. Whether, and in what form, Satyam will survive remains to be seen...