Word: mucking
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Buffett's being drawn into the insurance muck throws a spotlight on the industry and has rekindled the debate over whether insurance companies need federal oversight. Regulation of the industry rests mainly with the states, which are short on resources--a condition that may have allowed abuses to incubate. Insurer Marsh & McLennan, formerly run by Greenberg's son Jeffrey, agreed to pay $850 million to settle civil fraud charges earlier this year. Others being probed include Chubb, Swiss Reinsurance...
...accounts of 19th century manual labor, which are as coolly, finely drawn as an architect's rendering. Her German leading man shovels snow and lays roads for the city, replacing New York City's "knobby, pothole-begetting ostrich-egg cobblestones" with slabs of smooth Belgian granite. He does time mucking out the fascinating labyrinth of Manhattan sewers. He works underwater laying the foundations of the Brooklyn Bridge in the silty muck at the bottom of the East River, and finally he gets promoted to working on the bridge's two towers. As the narrative flows forward, Gaffney's hero gets...
...Chrysanthemum Palace (Simon & Schuster; 210 pages) is Bruce Wagner's fifth satirical novel and his fifth set among the moguls and movie stars of Hollywood. Which makes you wonder whether there's really any muck left in Hollywood for him to rake. Hasn't he already scorched all the earth, dug up all the bodies, skewered all the foibles there are to skewer...
When the pressure of running the world's biggest television maker weighs heavily on Li Dongsheng's shoulders, he reflects on his years in the muck. During China's Cultural Revolution, when Chairman Mao Zedong ordered high school graduates to learn from the peasantry, Li spent three years raising fish and rice. Today his company, TCL, based not far from the old commune in Guangdong province, is looking far beyond the paddies. The goal: to transform TCL into a worldwide household name. "When I hit problems along the way," says Li, 47, "I think, This is nothing like what...
...museum emanates taste, restraint, formal intelligence and authority. Those are occasional values of contemporary art as well. Then again, so are effrontery, vulgarity and obfuscation, with occasional detours into buffoonery, kitsch and porn. If it's at the heart of MOMA's mission to continually sort through the muck, it will now do so in a building that says the art world may have its forays into nonsense, but not us; we are serious...