Word: smartly
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...Four years ago, movie companies and Wall Street banks embarked on a promising romance. Before then, the smart money on Wall Street had stayed away from Hollywood. And not without good reason - starting with William Randolph Hearst in the silent era, plenty of wealthy investors with stars in their eyes had lost big money in the high-risk business of financing single films. But in 2004 banks like Merrill Lynch, JPMorgan and Goldman Sachs found themselves with a glut of capital and no place to put it. Studios, meanwhile, were looking for a way to please their fiscally conservative corporate...
...Kavanaugh, one of the few who has been able to close studio finance deals in the past few months, says he welcomes the new rules. "It's a natural equilibrium that had to happen," Kavanaugh says. "There's not a fire sale going on. Smart deals will continue to get made, with investors having a significantly better seat at the table...
...Didn't the folks on Wall Street, who are nothing if not smart, know that someday the music would end? Sure. But they couldn't help behaving the way they did because of Wall Street's classic business model, which works like a dream for Wall Street employees (during good times) but can be a nightmare for the customers. Here's how it goes. You bet big with someone else's money. If you win, you get a huge bonus, based on the profits. If you lose, you lose someone else's money rather than your own, and you move...
...Tyra: Smart wannabe models—I like those...
Susan: My name is Susan. Tyra: So you are (dramatic pause) in the league of the Ivies. Susan: I am indeed. I just graduated from Harvard. Tyra: Smart wannabe models—I like those. Susan (voice over): I think that being Harvard—or Ivy League—educated has given me more to prove as a model. Tyra: What was your major? Susan: English and American Literature and Language. Tyra: Who was your favorite English literature heroine? Susan: (Pauses and places with hands on hips). I didn’t pay that much attention in those classes...