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Then Colbert's staff saw a story on the DSB sponsorship fallout and pounced. To them, the irony was too delicious: the tentacles of the financial crisis have stung the innocent athletes who aspire to Olympic glory. Plus, the sport offers comic material. "We must ensure that it is America's 38-inch thighs on that medal platform," Colbert said in a release announcing the sponsorship. (See a video of Stephen Colbert at the 2006 White House Correspondents Dinner...
...trends. One is we're starting to see an increase in secondary metropolitan markets. It's not just Las Vegas in Nevada anymore, it's Reno. It's not just Phoenix in Arizona, but it's Prescott. I think that's really tracking the buying patterns that we saw a few years ago. The other trend is, if you follow unemployment patterns, you're seeing pretty significant increases in foreclosure in places that have been hit hard by unemployment. So Fayetteville, Ark., and Boise, Idaho, and Portland, Ore. - places that have not traditionally been foreclosure hot spots have all seen...
...crime boss. This all seems like an unlikely fate for a "goofy Jewish-American" in mismatched socks, as Adelstein presents himself, but his juicy and vividly detailed account of investigations into the shadowy side of Japan shows him to be more enterprising, determined and crazy than most. One assignment saw him teaching English at a Maid Station massage parlor (so-called because female employees are dressed to look like French maids); another moved him to impersonate an Iranian to try to catch an Iranian believed to be a murder suspect. It wasn't a long step between that and hearing...
...only stuff that was on sale. My first mistake was getting my lovely wife Cassandra to join me. The speed with which she both agreed and went to her computer should have clued me in to the fact that while I envisioned coupon-clipping and circular-reading, she saw the doors swing open to a World Wide Web of crap. Did you know there's an amber teething necklace that the baby doesn't actually put in his mouth but that works by releasing soothing warmth? And would you believe that it's easy to find on sale...
During the postwar boom, pay for U.S. CEOs remained fairly steady in real dollars until the 1970s. But under new tax policies, the 1980s saw the rise of stock options. Intended to tie executive pay to performance, they offered the potential for huge riches with little downside, encouraging risk-taking. In 1991, CEOs earned 140 times the average worker's pay. A 1993 attempt to cap compensation merely shifted more pay into options. By 2007 the median S&P 500 CEO earned in three hours what a minimum-wage worker pulled down in a year. And Great Recession...