Word: interests
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...planning to put another several hundred billion dollars into buying up debt to help bring down interest rates. Nearly $300 billion of that will go to buying longer term Treasuries. If that causes interest rates to fall, it will help people who borrow money in the future, but may not do very much for Citi's clients who borrowed money over the last two years. Many of those clients are tapped out, and the big bank faces hundreds of millions, possibly billions, of dollars in write-down of consumer loans. That does not take into account the amounts that will...
...maxi-novels that periodically come soaring at us across the Atlantic as if lofted here by a trebuchet. The last one was Roberto Bolaño's 2666, in November. You can recognize them by their seriousness of purpose, their wild overestimation of the reader's attention span and their interest in physical violence that makes Saw look like Dora the Explorer. It's as if these European writers are laughing at their prim American counterparts, with their fussy scruples, the way Sudanese warlords laugh at American gangsta rappers. "Violence?" they seem to say. "War? What do you know about...
...Datamatch is genius at common interest. There aren’t many other people at Harvard who love country music, but both of us did. We liked the same movies, read the same books, and might both be across the pond in six months. She was cool. When the check came...
...business community, for example, groans under the weight of health-care costs, and so it has a vested interest in the Administration's efforts at health-care reform. The same cannot be said for Obama's plans to cap carbon emissions, which many have argued will amount to an expensive new tax that businesses and consumers can ill afford during such hard times. (See how the U.S. can win the war against global warming...
...government's rules for what's permissible online are sweeping and, like much of its rhetoric, vague. News, for instance, should be "healthy" and "in the public interest." Audio or video content must not damage "China's culture or traditions." And nothing must challenge the Communist party. The guidelines leave many media outlets and web surfers baffled. Last December, for example, the New York Times reported that its website had been inexplicably blocked, while earlier in the year the BBC's English language content was just as surprisingly unblocked, with visitors on Chinese computers quickly jumping from about...