Word: listeing
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Weymouth's decor and catering are perfectly acceptable, we hear, but what really made the evening worth the coin is the guest list. Joining the CEO at the intime gathering of 20, according to the flier, would be "Obama administration officials, Congress members, business leaders, advocacy leaders and other select minds," plus "health-care reporting and editorial staff members of The Washington Post." In other words, for a fee, businesses and lobbyists could have access to the sort of high-level opinion makers that the Post has access to as well as the journalists, all in a cozy...
...years but hadn't signed up yet for 2009. He heard details about grandparents who had footed the bill for camp losing their money to Bernie Madoff. He heard about parents who worked on Wall Street no longer getting a big enough bonus to cover camp. And the list went on. To keep his loyal campers coming back, he cut some deals: while everyone paid the same, more families than ever set up payment plans. "In the macro picture, we're in the same place we've always been, but in the micro picture, we've had families who have...
...Read TIME's list of 25 people to blame for the financial crisis...
...domed ceilings with views of the beach below, where Gazan kids play in the surf. It's worth remembering that the little soaps and shampoos, which we take for granted in most hotel rooms, have to be smuggled in from Egypt since, bafflingly, they are on Israel's long list of banned items. So is window glass, which is more awkward to carry through a tunnel, so don't be surprised if you open the curtains and find the window starred by a bullet hole. (Watch TIME's video "Protesting Gaza, Carefully, in the West Bank...
...With the IPO market suddenly booming, China's companies are only too happy to indulge pent-up investor demand. The crash in global markets had virtually shut down new listings. Only two Chinese enterprises went to market in the U.S. last year, down sharply from 29 in 2007. Now there's a rush to list. Accounting firm Ernst & Young says it is working on 108 IPOs; most of the offerings are by Chinese companies planning to list in China, Hong Kong or both. Meanwhile, Chinese technology firms are expected to head to the U.S., which has long been the market...