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...alternate realities of stardom and inner-city melodrama have coalesced into a nimbus of potential meaning for the rest of us. Poverty plus celebrity plus race plus bad choices plus crime add up to ... What? Should we compare the media coverage of the Hudsons unfavorably with that of white victims like JonBenét Ramsey and Chandra Levy? Must it take an Academy Award to make one family's trauma stand out against a drumbeat of urban crime...
...plus side, investor panic (which translates into hyperactive trading) and scrambling by executives to make deals have boosted Wall Street revenue. In the first half of the year, which is the latest available data from the Securities Industry and Financial Markets Association, the total fees that the investment banks and brokerage firms collected were nearly $166 billion. That's more than triple the $55.5 billion the firms had in revenue back in the first half of 2002. But the big difference is that in 2002, Wall Street was making money - nearly $8 billion in the first half of that year...
...deficit this year would be $407 billion, a sum that reflected the $168 billion economic stimulus package approved by President Bush in February and the estimated $188billion spent for the wars in Iraq and Afghanistan through 2008. Add to that the $700 billion financial bailout package passed in October, plus another economic stimulus package likely to take shape in the coming months that could cost as much as $175 billion, and you're talking about an all-inclusive fiscal 2008 deficit exceeding $1 trillion...
...created the Westin Renewal Lounge, located inside United's Red Carpet Clubs at the JFK, Los Angeles and San Francisco airports. Each lounge (built for one) is furnished with daybeds and the energy-boosting blue-light ActiViva lamp used in the Westin Chicago's Concept Room (see Hotels here, plus healthy snacks. In United's business class, passengers get oversized Westin Heavenly Bed pillows and blankets, along with scented towelettes...
...escort commercial ships and those carrying humanitarian supplies to drought-stricken areas, and to scour the area for pirates before they strike. Last April, French forces had stormed the luxury cruiser Le Ponant to rescue 30 vacationers and crew members taken hostage by Somali pirates. Six of those pirates, plus six others captured after another French hostage intervention, now await trial in Paris...