Word: moneyitis
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...They are spending a lot of money on a serious work and doing it during tough economic times, so it's a crapshoot," says Manny Azenberg, who produced Brighton Beach Memoirs for $500,000 in 1983.(See 10 big recession surprises...
...What's more, producers say business plays can draw a bigger crowd than other productions. Susan Gallin, who produced in the mid-1980s the off-Broadway hit Other People's Money, about corporate raiders, says she remembers more men in the audience of that play than in others she has worked on. "There is an audience for business plays that just doesn't exist for other plays," says Gallin...
...sell a yet-to-be-determined number of so-called premium seats for as much as $251.50 on Friday and Saturday nights. In the theater's balcony, tickets will range from $121.50 for the best views to $66.50 for the back rows. (See pictures of expensive things that money...
...should do what every debtor has to do and file for insolvency." And the fiery Greek Deputy Prime Minister, Theodoros Pangalos, accused Germany of betting on rising Greek bond yields. "In allowing monetary and credit institutions to take part in this miserable game, people in Germany are making money," Pangalos said. (See more about the E.U.'s bailout of Greece...
...many Germans, Merkel is right not to put their country's money on the table too soon, as it could lift the pressure for reform in Greece. "That would risk setting a precedent of profligate countries taking advantages of the others," says Silvio Peruzzo, a London-based analyst at the Royal Bank of Scotland. "If you set up a bad incentive, then you undermine the credibility of the euro zone. In that sense, the Germans are much more forward-looking." (See pictures of the dangers of printing money in Germany...