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...fruits of tense negotiations between the government and British lenders - talks given added urgency by the meltdown in global markets at the end of last week - the bailout is breathtaking for its scale. British taxpayers are on the hook for a $34 billion investment in the Royal Bank of Scotland (RBS), Britain's second-largest lender, a cash injection amounting to almost double the bank's current market capitalization. Most of the investment will take the form of ordinary shares, which private investors are invited to purchase along with the government. But under the deal, those shares yield no dividends...
...seem to have a clear sense of direction. Hangen had one last chance to turn around the uninspired performance with a soulful rendition of Elgar’s “Enigma” Variations. A theme and fourteen variations, Elgar’s best-known large-scale work was dedicated to his friends “pictured within;” each variation is a portrayal of one of his close acquaintances. The theme without a theme—the “Enigma” is never revealed—floated lightly over an airy sound...
...another occasion, he covered a roommate’s room in miniature green army men. In spite of his severe and progressing condition, Friedman remained committed to being a normal college student. On top of his regular course load during his freshman year (his illness forced him to scale back slightly on his classes this fall), Friedman worked at a cancer research lab at the Medical School, wrote for the Harvard Science review, and, on a whim, joined the Hapkido club with Schaaf. Friedman also maintained a close relationship with a girlfriend who goes to school in his home state...
...beginnings of a large-scale bailout program were finally put in place. Over the next several years, the Japanese government spent almost 47 trillion yen - or about $470 billion at current exchange rates - not only buying banks' bad assets but also recapitalizing them. Two large banks were completely taken over by the government...
...acrylic doodad of Albarn's co-invention that replicates the sound of car horns on busy Chinese roads--are lavish, but the exoticism is somehow kept in check. Typical of Albarn's various cultural adventures, he doesn't attempt to pass as a local; the details and pentatonic scale may come from Chinese folk music, but the playful melodies are rooted in pop. The fluttering female voices on "Heavenly Peach Banquet" resolve as the la-la-la-la-las from Minnie Ripperton's "Lovin' You." "Iron Rod" sounds like R2-D2 rapping on a dance floor. "The Living...