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YouTube hopes its users will be just as willing to watch full-length feature films as they are clips of laughing babies. Beginning Friday, the video-sharing site will dip its toe into the movie-rental business, starting with five films from the past two Sundance Film Festivals...
...Details about how exactly the service will function are scarce, and YouTube didn't respond to requests for comment. What is known is that users will pony up a rental fee of a few dollars and have 24 to 72 hours, depending on the film, to watch the movie as many times as they want. The initial slate of offerings includes Homewrecker, Bass Ackwards, Children of Invention, One Too Many Mornings and The Cove. (See the top 10 viral videos...
...though, many new owners have been unable to meet their overly ambitious rent roll increase targets, and many of these investments are in danger of buckling under the high debt servicing costs. Finance industry watch lists are already full of private-equity-financed deals in danger of default. That has local officials scrambling to find "preservation buyers" who are willing to take on these properties with the expectation of a more modest 7%-8% annual return...
Scott Rothstein is your typical South Florida wannabe. Obnoxiously flamboyant by most accounts, the Bronx-born Fort Lauderdale attorney had to have the flashiest Rolexes (so he bought a local boutique watch shop), the most houses (luxury mansions and condos from Manhattan to Morocco), the hottest cars (Rolls-Royce, Lamborghini) and the coolest yacht (an 87-footer). He had to leave the heftiest tips, usually at the upscale restaurants he co-owned, and schmooze the most powerful politicians - like Florida Governor Charlie Crist, for whom Rothstein bought a $52,000 cake, as a contribution to the state's Republican Party...
...born), was illegally detained and interrogated by Pakistani intelligence, likely at the behest of the U.S. In 2007 she was named a missing person in a briefing paper on U.S. responsibility for what is called "enforced disappearances" that was authored by six leading human-rights groups, including Human Rights Watch and Amnesty International...