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Over the next decade, you've got about five movie projects signed up. How did you find the time to start a trilogy of vampire novels? I started it actually about four years ago. The idea behind The Strain was to try and marry old Eastern European folklore with an urban procedural feel. Which is very much the way, back in the day, Dracula must have read to contemporary readers. It was a very now, in the moment, modern novel. And I wanted to recapture that a little...
...leverage, Schulte divided U.S. banks' tangible assets (that is, assets, including loans, minus intangibles such as goodwill) by their tangible capital (the book value of capital minus intangibles). He got a ratio of 24.8. This is a worrying multiple: the leverage of U.S. banks in 1993, years before the start of the asset bubble whose excesses have now brought the world to its economic knees, was just 20. To bring leverage back to that pre-bubble level, Nomura estimates that U.S. banks need to either shed $2.8 trillion in tangible assets (by selling loan portfolios, subsidiaries and other holdings...
Other buying opportunities will arise as Western banks, particularly those that have been bailed out by their governments, exit the world stage in order to refocus on their home markets. When these institutions regain their strength and start venturing out again, however, they may well find Chinese and other Asia-Pacific banks ensconced and thriving in many parts of the global marketplace - and ready to challenge them on their home turf...
Willow Run, almost on the edge of Ann Arbor, Mich., was built not by GM but by Ford, opening in April 1942. From the start, its job was to turn out B-24 bombers, the workhorse of the U.S. Army Air Force's strategic campaigns in World War II, unaffectionately known to its crews as "the flying shithouse." The plant took a while to get going. There was a shortage of local labor, which meant that workers had to be imported from Appalachia (Ypsilanti, a local town, became known as "Ypsitucky"). Mosquitoes plagued the site until Henry Ford imported...
...ruling in favor of Franken without a certification order would leave Coleman more room to either appeal to the Supreme Court's October session or to start a new case in federal court - both processes that would take months to run their course. Some GOP Senators, including Senate minority leader Mitch McConnell, have encouraged Coleman to push ahead no matter what the decision. But such a move, particularly in federal court, might also backfire, warns Don Kettl, dean of the University of Maryland's School of Public Policy. "It's unclear what case Coleman could make that he hasn...