Word: sellers
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...solons. Is it just that the masses don't want to see sophisticated espionage capers starring, ugh, a girl? For now, let's not put the burden on Julia. Best to blame the title, which promises the average moviegoer nothing except a problem pronouncing it to the multiplex ticket seller. Only two live-action films with one-word, four-syllable titles have ever grossed more than $100 million total; and the two that did, Phenomenon and Collateral, just barely scraped that number...
...paid out about $50 billion to various financial firms to which it had sold credit-default swaps, which are insurance contracts sold to bond investors and others. When a bond defaults, a holder of a CDS has the right to be reimbursed for the loss by the seller of the contract. AIG was one of the largest sellers of such contracts. Much of the credit insurance AIG sold was on mortgage bonds, which are backed by home loans. As more and more homeowners defaulted, many of those bonds plummeted in value, causing the holders of AIG's CDS contracts...
...found that the most powerful motivator for hotel guests to reuse towels, national-park visitors to stay on marked trails and citizens to vote is the suggestion that everyone is doing it. "People want to do what they think others will do," says Cialdini, author of the best seller Influence. "The Obama campaign really got that." (See pictures of Obama taken by everyday Americans...
...companies on mergers has long been one of the big moneymakers on Wall Street. Companies doing an acquisition or being bought typically hire an investment bank, or a few, to steer them through the transaction. The companies pay fees for this work, which advisers for both the buyer and seller usually split. For large transactions these fees can be substantial: Pfizer is paying an estimated $207 million in M&A fees to the seven banks that are acting as advisors to both companies...
...himself right to the edge of the abyss but drew back. In 1975 he quit drinking for good. Chastened and sober, he completed Falconer, a magnificent novel of sin and redemption that hinges on a homosexual relationship. One year later, a collection of his short stories became a best seller and won the Pulitzer Prize. He even made a sort of peace with his sexual appetites...