Word: sales
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...chaos commence. Like the customers ready to break into a Wal-Mart warehouse the morning of a pre-Christmas sale, a horde of North American film lovers have avidly awaited the opening of the 31st Toronto International Film Festival. Yesterday, the doors finally opened. You have 10 days, cinema shoppers, to see as many of the festival's 349 films as possible. The winner gets nothing but bragging rights for the next year. On your mark...
...Bala's ex-wife at the time of the businessman's disappearance. (Bala has denied knowing him.) They also noted similarities between the character Chris in the novel, and the author, who also goes by that nickname while traveling abroad and in email communications. In addition, police traced the sale of the victim's mobile phone on an Internet auction site four days after his disappearance to an account registered to Bala. And they said that a phone card was used to place calls to the victim on the morning of his disappearance as well as to Bala's girlfriend...
...beyond even Wilson's powers of persuasion. It's basically the story of three well-heeled guys on one of those self-help vacations that upper-class searchers took in the '60s. Go to India and get your life validated by the Maharishi. Or get good drugs at fire-sale prices. This could have ended up as a Midnight Express nightmare, except that the Whitman boys' luck is a little better, a little weirder. One of them finds romance with a train hostess (lovely Amara Karan). Two of them save local children from drowning. They meet up with their mother...
...increasingly popular way to get at a house before it goes up for auction is to try for a short sale, a transaction in which the mortgage lender agrees to take less money that it is owed. A bank can easily spend tens of thousands of dollars to move a house through the entire foreclosure process, so as default rates soar, more are willing to negotiate with real estate agents representing a bid that's technically too low. (Short sales are becoming so commonplace that Beitler added a chapter about them in the upcoming second edition of his book...
...burden on Italian taxpayers. Last fall, Prime Minister Romano Prodi declared the situation at Alitalia "out of control," and vowed to personally lead the search for a solution. But when the Italian Treasury eventually put most of its 49.9% share of Alitalia on the market, the terms of the sale came with so many strings attached that, one by one, all potential buyers (from U.S. private equity fund Texas Pacific to Russian carrier Aeroflot to upstart Italian airline Air One) ducked out of the bidding...