Word: simonal
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Dates: during 2000-2009
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...nervous about so-called "counterparty risk" - the possibility of not being repaid - that they have stopped lending to one another, bringing credit markets to a grinding halt. "We know who the strong banks are, but we don't know who the strong banks are exposed to," explains Simon Maughan, banking analyst at MF Global in London. In this treacherous environment, a bank doesn't just worry about its counterparty, he adds, but about its "counterparty's counterparty." The European Central Bank, working together with the Federal Reserve and other central banks, has reacted by making hundreds of billions of dollars...
...emotions, the intricate tightrope walk between comedy and tragedy--Ayckbourn's greatest feat, really--may be why his work has got short shrift in America. Early in his career, after such West End (and occasional Broadway) successes as Absurd Person Singular, Ayckbourn was labeled, patronizingly, the "British Neil Simon." But as his plays have grown darker and more complex, Broadway has largely abandoned him. Although Communicating Doors, one of his lesser comedies, had a successful run off-Broadway a couple of seasons back and Comic Potential, his latest West End hit, will be produced this fall by the Manhattan Theatre...
...sure, American productions of Ayckbourn are usually botched; directors tend to broaden the comedy and stomp all over the delicate (and very British) nuances. It's as if they still believe that silly Neil Simon tag. Better to compare Ayckbourn--who, at 61, has written nearly 60 plays and directs them himself--to another artist whose work was misunderstood in his lifetime, Alfred Hitchcock. Both worked in popular genres that had few pretensions to art--the suspense thriller and the domestic comedy. Both were technical virtuosos who loved to set themselves challenges in their chosen medium. And both managed...
...What's Next for China Re Simon Elegant's article on beijing after the Olympics: It was indeed a mission accomplished [Sept. 8]. When I visited the capital just last April, I saw people beginning to embrace a modern civilization while maintaining their roots in traditional culture. Though others may criticize China's stand on Tibet and Sudan, we can clearly see that the awakened dragon is unfazed by such clamor - both its historical perspective and vision for the future are long and lasting. As we saw during the opening ceremonies, China is willing to share its traditions and accept...
...What's Next for China Re Simon Elegant's article on Beijing after the Olympics: It was indeed a mission accomplished [Sept. 8]. When I visited the capital just last April, I saw people beginning to embrace a modern civilization while maintaining their roots in traditional culture. Though others may criticize China's stand on Tibet and Sudan, we can clearly see that the awakened dragon is unfazed by such clamor - both its historical perspective and vision for the future are long and lasting. As we saw during the opening ceremonies, China is willing to share its traditions and accept...