Word: nextly
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...that it seemed unlikely there would be a Season 4. But the low-rated, high-quality FNL has returned on DirecTV's 101 Network (Wednesdays, 9 p.m. E.T.), thanks to a continuation of its cost-sharing deal with the satellite company. (The season will air on NBC sometime next year...
...commercial real estate market seems headed for trouble, the next potential victim of the speculative frenzy that has already devastated the residential housing market. That prospect apparently hasn't scared investors. Shares of real estate investment trusts (REITs, which buy and manage buildings and mortgages) have been on a tear for the past seven months, almost doubling in value on average. REITs now trade at a double-digit premium to the value of their underlying properties...
...leverage - borrowing up to 80% of the purchase price - to acquire the properties and are now struggling to generate the cash flow needed to service the debt and meet debt calls. Bach estimates that about $500 billion in commercial real estate debt will come due each year for the next few years...
...complained that he was being "buried under tons of pages of legal documents" and compared himself with victims of staged trials in Nazi Germany. The trial opened as scheduled on Oct. 26 but was adjourned 20 minutes later when Karadzic refused to appear. With the defendant again absent the next day, the proceedings started without him. In his opening statement, Tieger said Karadzic had "harnessed the forces of nationalism, hatred and fear to pursue his vision of an ethnically segregated Bosnia." He also quoted the former Bosnian Serb leader as saying before the war that he would turn the Bosnian...
...Speaking to TIME from her home in New Jersey, Susan Cohen - whose daughter Theodora would have been 41 next month had she not died on the flight - says al-Megrahi's trial was "narrow in its scope, and it's right that we now look further." Although she's frustrated that it has taken so long for another review of the case, she's not worn out by the protracted search for justice. "You can never be too exhausted when searching for the murderers of your child," she says...