Word: motions
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Cambridge city officials filed a motion earlier this month to dismiss charges by Harvard neurologist S. Allen Counter alleging that he had been unfairly arrested three years...
...train wreck in slow motion," says Richard Parkus, head of commercial real estate debt research at Deutsche Bank. "Because it's in slow motion, people get this sense that it's really not happening. It is happening." To get a sense of just how the train wreck is unfolding, I took a tour last month of the warehouses and industrial parks of eastern Los Angeles County. Chris Bonney, the president of the City of Industry, Calif., office of commercial brokerage Lee & Associates, was my guide (and my driver). With the phenomenal growth of foreign trade passing through the ports...
...residential real estate bust has been a slow-motion wreck too. (It started in 2006!) But the commercial meltdown will take even longer for two main reasons. One is that while commercial real estate lenders certainly got sloppy during the boom, they didn't go utterly crazy the way their residential peers did. Commercial lenders still demanded down payments and evidence of income. They didn't factor in a 40% decline in prices or the worst economic downturn in 70 years. The housing bust preceded and precipitated the recession. The commercial bust is an aftereffect. (See 25 people to blame...
...decorating their imaginary landscape, but no gift for bringing individual scenes and characters to life. The movie gets logy in its middle sections, and the sound recording makes it seem that everyone spoke into steel drums. Most of the actors are like plasticene puppets on a stop-motion movie set; their creators were so dazzled by their skills at art direction that they forgot to animate the figures. In standard-narrative terms, Daybreakers suffers from tired blood. No question the Spierigs are prime film imagineers. What they needed here was a director...
...phone conversation in Yemen caught extremists speaking of a Nigerian preparing a strike. And more recently, Abdulmutallab's own father alerted the U.S. embassy in Abuja, Nigeria, of his concerns that his son's radicalization made him a security threat. Even as Abdulmutallab allegedly put his plot into motion, the official says, details of his movements should have set off alarm bells in various places. Abdulmutallab had recently been to a notorious al-Qaeda hot spot, Yemen, and he bought a one-way ticket to the U.S. with cash and traveled without any luggage. (Read "Yemen: The U.S. Weighs...