Word: slow
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...assets everybody's worried about now are on the books of still alive banks, investment banks and other firms. The idea would be to get them off the books of these institutions, hold on to them for a few years and possibly try to renegotiate their terms to slow foreclosures. The big challenge will be coming up with a way to do this that avoids bestowing a wholly unearned windfall on the shareholders of the companies ditching the toxic securities...
...partner, two hotheaded rival cops, and the police chief who tries to keep a lid on things. All suspense and mystery in the thriller builds up but quickly deflates as the plot retraces past events without illuminating important details. “Righteous Kill” seems to slow down just so it can speed up again toward a lukewarm climax. The final twist is less shocking than it is groan-inducing. There are only a few good things to be found in the extremely mediocre movie experience that is “Righteous Kill”. At the beginning...
...Sept. 19 gains were driven to some extent by bargain hunting. After tumbling about 45% from highs reached late last year, Asian stocks now trade at roughly 10 times 2008 earnings - which means they're relatively cheap. Although Asia's economic growth is expected to slow over the next 12 months, the region's financial systems and economies are still fundamentally sound, analysts say. Banks in Asia haven't experienced the dangerous losses on property and mortgages that are devastating their U.S. counterparts. To some, like Hugh Young, managing director at Aberdeen Asset Management Asia in Singapore, the sell...
...Case for Slow Food...
Thanks for your coverage of the Slow Food movement [Sept. 15]. It is misleading, though, to claim that industrialized food "is the only way to economically feed a global population." There is nothing economical about a system contributing a big chunk of our greenhouse-gas emissions. The drivers of global deforestation are large-scale agribusinesses--not Sunshine heirloom-tomato farmers from Sonoma. Anna Lapp, BROOKLYN...