Word: lente
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...newly constructed Palmer Street on Oct. 4. Over the course of four hours, audience members watched band Pants Yell!, sampled free appetizers from the Border Café, and, of course, watched 100 films. The catch? Each film was at most one minute in length. Although the format lent itself to films that were more experimental than the average movie, they proved to be fairly similar to what the audience was used to watching. After all, videos of this length are not entirely foreign; most YouTube clips are little more than one minute in length, and many movie previews endeavor...
...pound swag. The culprits happen to be a couple of Lenny's enforcers, One Two (Gerard Butler, of 300) and Mumbles (Idris Elba), working on tips One Two gets from Stella (Thandie Newton), a silky lawyer of no fixed ethical abode. Uri has also, as an earnest of fellowship, lent Lenny his "lucky painting"; this, of course, and much to Lenny's chagrin, gets nicked. The movie follows the trail of the missing artwork and throws in another intrigue for free: the search for an inside snitch, whose singing to the police has meant jail time for most of Lenny...
...worthless securities could amount to $1.4 trillion. So far, banks have written off less than half that. Concern about who is still holding dud paper has gummed up credit markets, with banks refusing to lend to one another for fear that the borrowers may default or may have themselves lent to other banks that could default. That in turn is causing solvency problems for some financial institutions that rely on short-term borrowing to fund their operations...
...growth, but also social stability, as ordinary folk watch their personal wealth evaporate. In China, the property sector accounts for 10% of national employment. Analysts believe that Beijing cannot afford a major collapse in the property market and will step in to aid developers and home buyers. Beijing already lent a hand to the faltering stock market in September by waiving taxes on some stock transactions to stimulate trading and ordering state agencies to buy up shares...
...lawmakers looked the other way as financial firms grew and morphed and created financial instruments no one understood well enough to oversee. When housing prices caught fire, the big financial players jumped in with borrowed money that they in turn lent out to home buyers who didn't have the means to keep up with the payments. Then the banks sliced and diced those loans and sold them as exotic new securities. All of that left everyone naked and exposed when the market crashed...