Word: interests
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...with Alexander the Last, Swanberg and IFC Films set out to see if they could bridge this gulf. Under the old model, Swanberg would have taken the film to festivals to drum up interest among distributors and then waited a year or longer for a theatrical campaign to reach major cities. A few months later, the DVD would hit shelves in smaller markets. But with Alexander the Last, which opened in every major market via Festival Direct at midnight on Saturday - along with four other South by Southwest titles - Swanberg says he's eliminated the window between his festival screening...
Another bet that didn't pay off for Freddie was on interest rates. The firm's managers bought derivatives that would pay out if interest rates rose. Instead, a global financial meltdown has caused interest rates to plummet. That resulted in a $15 billion loss for Freddie from its hedges...
...perception is proving hard to tackle, the reality is even harder: so far few private investors have shown any interest in tapping the trillion-dollar subsidy to buy toxic assets from the banks. Hedge funds and other players all want to know the terms of the sale before they even think about stepping up to the plate. So far, Geithner and Treasury have provided little detail. "The question of how to price the asset is still on the table, unresolved," says Scott Talbott, a top lobbyist for the Financial Services Roundtable, an industry association...
...program run by the Federal Reserve. That program, the Term Asset-Backed Securities Loan Facility (TALF), is designed to spur consumer lending by stimulating sales of securitized consumer loans. The New York Federal Reserve has had to extend the application period because of market qualms, though Talbott says interest is building...
...rhythmically challenged, partake in the fun that is Irish dancing. FROM THE TOP Last year, however, organizing a Ceili might have proved impossible. Corcairdhearg is a new student organization, founded in the spring of 2008. The idea stemmed from Fallon and O’Brien’s own interests. Also, as competitive dancers, they were constantly on the prowl for practice space. Meanwhile, Forberg, who also used to compete, longed to get back into Irish dancing. “When I came to Harvard, I realized I missed Irish dancing. I didn’t realize how much...