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...habit of relying on the government to prop up the market. Indeed, CSRC officials have been known in the past to summon brokers to meetings and "advise" them to buy stocks when the market dipped too far. Given this tradition of official intervention, investors have learned to base their buying decisions not on whether they think a company's profits will grow in the long term but on what they think the next governmental policy will be. Thus stocks tank every time the CSRC announces plans to let listed state enterprises sell more of their shares, and they soar whenever...
...only show devoted to country music in New England, “Hillbilly at Harvard” has acquired a faithful base of listeners who tune in for the banter of the co-hosts as much as for the music...
...could say that pop culture was the one American institution that whipped terrorism. Osama bin Laden would have liked little better than to subdue America's entertainment-media machine. That thong-wearing, freedom-flaunting international corrupter of values inflames his followers as painfully as any military base in Saudi Arabia, and there is no irony in Osama's Islam. But pop culture, as it turns out, is the Western equivalent of al-Qaeda: it's hard to kill because it is borderless, amorphous and stateless, and because it throws back at you the weapons you use against...
...MOVE IN TOGETHER, HOW LONG BEFORE YOU BECOME A REALITY SERIES? Loretta: Well, there was somebody who said they wanted to base a sitcom...
Illegal cigarettes have long been used in money laundering. "They're small, easily portable, of value and have a pretty universal market base," says John Auerbach, 33, a money-laundering expert with the risk-consulting firm Kroll, based in New York City. "They're almost like currency in some places." What's new in the E.U. suit is its allegation that not only did RJR executives know about their cigarettes' being used this way but also that it was "part of their operating business plan to sell cigarettes to and through criminal organizations." The E.U. says RJR gave its "criminal...