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...Monetary Affairs said Athens' targets were "ambitious" but "achievable." Importantly, Greece managed to raise about $11 billion in its first postcrisis bond offering on Jan. 25. But relief was short-lived. Within days the spread over 10-year German bonds, the European benchmark, reached a record high. The bottom line: until the Greek government delivers results, the pressure...
...have spent more than $50 million to send virtual presents that are basically online stickers to put on profile pages. Facebook has developed its own currency, worth 10¢ per unit, and plans to take a cut as people on the site start buying everything from online games to off-line gifts for every possible occasion. (See five Facebook no-nos for divorcing couples...
More important, these bulk customers don't use wholesalers to source generic products, which are expected to replace 80% of the revenue from brand-name drugs by 2015. "Generics mean slow top-line growth but are ultimately much more profitable for wholesalers," says Richard Close, an analyst for Jefferies & Co. "By focusing on the big chains, Cardinal had basically ceded generics to McKesson and AmerisourceBergen...
...Although I support O'Keefe's right ... to throw metaphorical and even actual pies in the faces of his enemies, I must draw the line ... at breaking and entering under false pretenses. There is nothing wrong with standing up in public space and screaming, 'Look, the Emperor has no clothes.' There is something sleazy about sneaking into the Emperor's closet with a hidden camera...
...most important reality-show stars of our time. To promote her album, the 23-year-old star of MTV's The Hills agreed to appear on a People magazine cover to show off all the plastic surgery she's gotten. She posed in Playboy, started her own fashion line and declared that as a celebrity she should not have to endure staying on the show I'm a Celebrity ... Get Me out of Here! She is the Paris Hilton of our time. (See the top 10 skanky reality shows...