Word: rolls
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...though, many new owners have been unable to meet their overly ambitious rent roll increase targets, and many of these investments are in danger of buckling under the high debt servicing costs. Finance industry watch lists are already full of private-equity-financed deals in danger of default. That has local officials scrambling to find "preservation buyers" who are willing to take on these properties with the expectation of a more modest 7%-8% annual return...
...good start at Copenhagen, but we're still without a very clear goal, without clear carbon caps, without a price on carbon," says Mindy Lubber, president of Ceres, a national network of major institutional investors and public-interest groups. "The private sector is ready to rock and roll." (See pictures of the effects of global warming...
...Exact details of which artists will be performing, however, remain fuzzy, with only legendary former Led Zeppelin guitarist Jimmy Page 100% confirmed. The list of invitees constitutes a roll call of the industry's biggest names: Beyoncé, Coldplay, Green Day, Kanye West, Lady Gaga and a host of lesser-known performers from Africa, Asia and the Americas. Garson is well-known in the industry - among other things, he has been executive producer of the Billboard Music Awards and the World Music Awards - and he appears confident the big names will show up. The all-day event is scheduled...
...more quickly than they might expect. No one would claim, of course, that the position of women in the Middle East in general is one that inspires confidence. But across the region - and often defying Western preconceptions - the battle for equality is making gains. (See pictures of the changing roll of women in Saudi Arabia...
...Movies Have to Be Pringles? That's the gambler's fun of the movie business. Roll the dice once and you get a Paranormal Activity ($15,000 budget, $150 million worldwide gross). And if you've really got the nerve, follow the example of Roland Emmerich, the master of cheesy disaster movies (Independence Day, The Day After Tomorrow). He offered studios a take-it-or-leave-it deal on his world-ending 2012. Some turned it down; Sony bought it, on Emmerich's terms. In less than two months the picture has earned nearly $750 million worldwide, and Emmerich stands...