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...skaters should probably temper their enthusiasm, because Colbert isn't exactly cutting a check to U.S. Speedskating for $400,000. Over the next few weeks, the show will plug the sport regularly and feature speedskating in a few bits. The team is counting on the generosity of Colbert's audience, in both a down economy and around the holidays, when spare change goes to stocking stuffers. "It's a gamble," Crowley concedes. U.S. Speedskating was in preliminary discussions with a few sponsors, but none were willing to pay $100,000 for the suit space. And with the Olympics just...
...content is king, bigger is always better and talent - especially their own - is irreplaceable. So blinded are they, they have mismanaged their companies and shareholders have suffered. Co-author Knee, director of the media program at Columbia University and an investment banker with Evercore Partners, weighs in on the next big media deal, the treachery of the Internet and why the movie business sucks. (See the top 10 financial collapses...
...well do you think HAMP is working overall? The interim goal of having half a million homeowners in trial modifications has been met. That's a good thing. Unfortunately, for the next couple of waves of foreclosures, the program really isn't optimized to be terribly successful at preventing foreclosures. (See pictures of the remains of Detroit...
...Next waves? Right now we're dealing with a growing number of foreclosures that are being caused by unemployment. If you don't have a steady stream of income, you don't qualify for those loan-modification programs. People with those problems will inevitably wind up going into foreclosure. Secondly, we're going to see a whole slew of option-ARM loans reset next year. In many cases, these properties are going to be upside on the loan amount. In other words, the homes will be worth less than what's owed on the loans. The only way these loans...
Under the long-term contract with First Wind, a Massachusetts-based developer of wind power headquartered in Boston, Harvard will purchase 50 percent of the energy produced from First Wind’s soon-to-be constructed wind farm in northern Maine for the next 15 years...