Word: markets
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Dates: during 2000-2009
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Unlike Obama, PM Harper conceded that he is not optimistic about recouping the billions of dollars Canadian taxpayers are giving to GM. Perhaps that's a more realistic approach given that at today's market capitalization on the NYSE, Canada's 12% stake in the automaker is worth a shocking $54 million. (The U.S. and Canadian bailout of the automaker is nearly 130 times the company's present value...
...What keeps companies investing in animation and makes the genre the most reliable in today's market is the fact that cartoon features tend to do terrific business worldwide. (Action films with little talk also hit it big in foreign climes; language-dependent American comedies usually tank.) Box-office reports focus narrowly on the Sunday numbers in U.S. and Canadian theaters. But euros and rupees and yen are good money too, and sometimes movies that aren't quite blockbusters in North America make the bulk of their gross abroad...
...Last month, Picard also completed the auctioning off of Madoff's market maker business for $25 million to Castor Pollux Securities LLC of Medfield, Massachusetts, which paid $1 million at closing and up to $24.5 million in deferred compensation through December...
...pictures of the stock market crash...
Thursday's hearing was one of a number of public forums the COP is hosting on different segments of the lending market. Warren is often criticized for being too critical of banks and their lending practices. But at the hearing on commercial real estate, Warren focused on how big a problem future loan defaults will be and what should be done about them...