Word: streets
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Dates: during 2010-2019
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...copies of the latest book titles at car windows for a fraction of the price. That's hard for small book stores like Full Circle to overcome. "The minute you have a best seller, it doesn't even take five days for book pirates to sell it on the street," laments Malhotra. "You drive down any of the main roads in Delhi, and you'll see all the latest titles for less than half the price." And the cost to the industry is significant a significant one: For the most popular titles, illicit sales of pirated copies can rival store...
...exact economic trajectory for the books is still open to interpretation. The Indian market, despite being considered one of the fastest growing in the world for English language titles, is unique in the world. Unlike in the U.S., where purists lament the disappearance of the independent bookshop from Main Street, three quarters of India's estimated 2000 bookstores are small, independent dealers, the majority of which still don't use computers to track sales. "So there's no way of finding out exactly what?s happening," says Padmanabhan...
...focus also reveals a power shift inside the Administration, a smackdown of Treasury Secretary Timothy Geithner, White House aide Lawrence Summers and other centrists who consider populism a dirty word, and have been accused (often unfairly) of being too close to Wall Street. Former Federal Reserve Chairman Paul Volcker, the head of Obama's Economic Recovery Advisory Board, has spent the past year getting frozen out of the White House while blasting Wall Street as a glorified casino; yesterday, he stood next to Obama as the President described the proposed ban on proprietary trading by commercial banks as "the Volcker...
...Axelrod and Obama aide Valerie Jarrett met at the White House on Wednesday with Harvard law professor and TARP watchdog Elizabeth Warren, the mother of the stand-alone consumer-agency proposal and an outspoken advocate for reform; their message was that they'd welcome a fight with Wall Street...
That clearly hasn't happened yet; Brown opposed Obama's proposed taxes on big banks as un-American taxes on success, and Republicans on the Hill remain confident that the larger issue is far too complex for Democrats to turn into a referendum on Wall Street. But Obama is obviously eager to try. The goal of his fight is not necessarily to win. It's to show Americans that he's fighting, and who's fighting against...