Word: interests
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...Oscar show have floated all manner of remedies. Nattering nabobs like yours truly have urged Academy members to consider nominating good films that are also popular films, on the theory that people will tune in to see prizes handed out to movies they've watched and have a rooting interest in. (See TIME's Oscar predictions...
...past 10 times when Streep was nominated but not called to the stage, was either star even within shouting distance? Which races were runaways over Oscar's 80 years, and which were photo finishes? Wouldn't you like to know? Wouldn't the show have a little more interest...
...getting much worse among holders of option adjustable-rate mortgages (option ARMs). These loans, typically made to borrowers with prime or near-prime credit scores, let soon-to-be homeowners pick from a menu of monthly payments - often including an option that didn't even keep up with the interest due. As home prices have fallen, the number of option ARM borrowers running into trouble has surged, with 15.25% of loans delinquent and another 7.46% in foreclosure. Some analysts think the problem in option ARMs could eventually rival the size of the subprime meltdown. (See pictures of crime in Middle...
...other words, Californians need to brace for another wave of campaigning by politicians and special interest groups. "We're most concerned about the spending cap that would not just lock us into our broken health care system and prevent us from restoring or reforming, but it would force us to make cuts to existing services in the future," says Anthony Wright, executive director of the reform-minded Health Access California, who plans to campaign against the proposal...
...inappropriate macroeconomic policies of some economies" with low rates of savings and high consumption - an "unsustainable model of development." In other words, the U.S. When outgoing U.S. Treasury Secretary Paulson was quoted as suggesting that China's high rate of savings helped set off the worldwide crisis by lowering interest rates and encouraging high-risk investment, the state press launched a loud and extended attack. Paulson eventually clarified that he thought the crisis had many causes, and the majority of his criticisms were meant for the U.S. When Geithner later said China has been manipulating its currency during a Senate...