Word: toughs
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...They are spending a lot of money on a serious work and doing it during tough economic times, so it's a crapshoot," says Manny Azenberg, who produced Brighton Beach Memoirs for $500,000 in 1983.(See 10 big recession surprises...
...tough economic times, though, may be exactly what Enron has going for it. The play details the rise and fall of the notorious, eponymously named, Houston-based energy company, which collapsed amid fraud in 2002. The demise of Enron had little to do with mortgages, bank bailouts or any of the things that have been at the heart of the recent financial crisis. Nonetheless, the lead producer of Enron, Jeffrey Richards, says the play is sure to strike a contemporary chord with audiences. (See the top 10 plays...
Congress is now approaching a crucial opportunity for financial reform. Such a reform must be tough and intelligent, as a weak reform would create a dangerously false illusion of security and stability. The House passed a major regulatory bill in December, and now Chris Dodd has brought his own Senate proposal to the floor, for debating over the next few weeks. Financial regulation must specifically address capital requirements for banks, the tools to liquidate failed financial institutions, consumer protections, derivative trading, and the immense trading operations of many major investment banks...
...know this is a tough vote," Obama told the House Democrats, and, for many of them, it was - politically. But in another way, it wasn't: it was ground zero of what being a Democrat has meant for the past 80 years. It rectified an astonishing injustice in American life: most of the nonworking poor are guaranteed health care, through Medicaid, but the working poor are not, unless they're lucky enough to have an employer who provides it. Another injustice: insurance companies determine who receives coverage and can deny it at will. For Democrats, this represented a gaping hole...
...actual level of progress on the Iran sanctions front, however, has not yet caught up with Clinton's tough talk - and there's little sign that any of the pressure being mustered will realistically stop Iran from slowly acquiring the means to create a nuclear bomb (though the U.S. believes Tehran has not yet decided to actually build such weapons). Even if Europe were unanimously on board - it isn't quite, particularly on the unilateral sanctions with which the U.S. wants to supplement U.N. efforts - Russia has yet to offer any clear support for new sanctions. And even while Secretary...