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...company's shareholders will be diluted more than any other public bank that was part of the stress test. When Citi completes its conversion of preferred shares to boost its common equity, current Citi shareholders will end up owning just 24% of the bank, down from nearly 100% today. Yes, other banks have had to issue shares in the wake of the stress test, and dilute their shareholders, but not by nearly that much...
...yes, let's take away harvard students' breakfast food and then, to make up for it, give them NONFOOD...
...selling author of Salt and Cod, has a new book, titled The Food of a Younger Land: A Portrait of American Food - Before the National Highway System, Before Chain Restaurants, and Before Frozen Food, When the Nation's Food Was Seasonal, Regional, and Traditional - From the Lost WPA Files (yes, he's the reactionary). It's a collection of manuscripts from an unfinished Depression-era Works Progress Administration (WPA) project to compile local food customs into a book. Kurlansky presents a startling snapshot of our nation's culinary past: a country of squirrel and opossum eaters, where few recipes didn...
...Riviera film bash, which launches its 62nd official edition today, is really two, three, many festivals in one. For movie moneymen, it's the place to meet and haggle over the worldwide rights to new films. For the 1,500 international critics - yes, there still are that many left in a shrinking arts-news market - it's a giant screening room for hundreds of pictures, and a chance to get a jump on the rest of the world in discovering the hot new Romanian auteur. And for the celebrity hounds - the enormous paparazzi contingent and the locals who line...
They were great! They love when you make fun of them. They haven't heard jokes about their own culture, no one's held a mirror up to them. Like about how much they smoke cigarettes, or talk in the movie theater. They go, "Yes, you're right...