Word: riches
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...Filmmaker Kevin Rafferty ’70 has managed to compose a compelling and thrilling documentary using just old game footage and one-on-one interviews with former Harvard and Yale players. Despite his film’s simplicity, Rafferty weaves a rich narrative with conflict, suspense, a thrilling and climactic end, and even a villain in Yale’s Mike Bouscaren...
...Conspicuous Consumption Is Safe. It used to be hard to tell rich from poor in Baghdad, especially outside the Green Zone. Fear of being kidnapped for ransom prompted many wealthy Iraqis to feign poverty. Living below one's means became an art form: decrepit cars, cheap cell phones, minimalist jewelry...
...past few months, however, the pretense has been dropped. There are new cars visible on the streets all the time now. Buyers pay in cash, and prices range from $10,000 for a basic sedan to five times as much for a top-of-the-line SUV. My rich Iraqi friends still keep their families in Amman or London, but when in town for business, they feel safe enough to flash their cash...
Meanwhile, just to the north, in Kokomo, Ind., Rich Boruff, vice- president of the United Auto Workers local 685, is closely watching the developments. Kokomo boasts plants for Chrysler and one of the nation's largest auto parts suppliers, Delphi. So there is much at stake. Boruff and his troops have been calling and e-mailing their Congressional representatives, urging them to support a bailout for the major automakers. The consequences of a bankruptcy declaration from either of the Big Three, he fears, are just too severe. "It'd kill us," he says...
...have been suffering throughout the year. "Bankers used to come in droves with their wives," says the jeweler. "There were lots of Americans and French too. We just don't see them any more." "I always thought I'd chosen the safe option in retailing, catering to a super-rich clientele," says a Bond Street retailer, who also declines to be quoted by name. "But even our super-rich clients are cutting back. They're buying ready-made instead of bespoke or delaying big purchases altogether...