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...inject $1.56 billion into EMI if Citigroup wrote off about the same amount in debt. Citigroup said no and offered instead to write off $1.56 billion in debt in return for controlling ownership of the company. Hands refused and then sued Citigroup, claiming the bank had persuaded him to pay too much for EMI in the first place. Now the two sides aren't speaking. Hands says Citigroup is playing "hardball for no good reason," while the bank feels that Hands is being unrealistic in his demand to remain in control...
March-July 2004: The NHTSA conducts what would be the first of many defect investigations regarding speed-control problems, all of which would lead to the current furor (partially about Toyota and the NHTSA's neglecting to pay attention to the abnormal number of investigations). The first three investigations primarily involve the Camry, Solara and Lexus ES models. The initial case is opened after an owner petitions the NHTSA in February to look into speed-control issues; it is closed when the NHTSA fails to find a "defect trend...
This vibrant re-envisioning of “Stairs” takes a lot of risks, yet nearly all of them pay off. The freshness and originality that is consistently present in the production is able to make an old and somewhat obscure play feel relevant and new again...
...Fans won’t pay to see new ideas,” Green continues. “They go to see the remakes of whatever the fuck and bitch about it not being as good while not going to see the original movies...
...searing, but bittersweet too. The Daily Show, for all its jokes, cares deeply about facts. If the Times's pay wall doesn't work - if nothing works - something else will replace today's media. Something great, I hope. But I wonder if the new media would be a little bereft without a Times to react to, rebel against and define themselves against, like a dog that finally caught the car. Or in this case, the rolled-up newspaper...