Word: specialists
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...spacious flat on the Isle of Wight. Frances (Smith), a specialist in the provenance of artworks, gets a visit from Madeleine (Dench), a novelist who's decided to write a non-fiction book - we don't yet know if it will be a true one - about her late marriage. Ex-hubby is off to Seattle with an American thing, and Madeleine has come to do research, to dig the dirt and possibly bury her old rival in it. At first the two have nothing in common but the familiar British condescension toward Americans. ( "Because they're richer than everybody else...
...help that his lovely and wise new novel, Seek My Face (Knopf; 276 pages), describes a long interview in which a journalist with a plain mind confronts a woman with more intricate workings. Hope, 78, is a famous American painter who is questioned by Kathryn, 27, a relentless art specialist who knows everything about postwar American artists except the deep sources of their power to throw thunderbolts. That she will never comprehend. "Interviewers and critics are the enemies of mystery," Hope thinks to herself, "the indeterminacy that gives art life." It's safe to say Updike has entertained that very...
...lesson: Don't be a yield hog. "I don't think people should be in the long-term sector now--no way, shape or form," says bond specialist Marilyn Cohen, head of Envision Capital Management in Los Angeles. What you can do is capture most of the yield of long-term bonds by sticking with a portfolio or fund of intermediate-term bonds (five-to 12-year maturity). Ditto for one-year bank CDs (now yielding about 2.1%) to five-year CDs (3.7%). "You don't want to bet against the economy for too many years," says Cohen...
...similar vision of China's future. After the congress Hu vowed to carry on Jiang's economic liberalization policies and uphold the Theory of the Three Represents, Jiang's doctrinal legacy that among other points calls for the Party to embrace once-shunned entrepreneurs. Arthur Waldron, a China specialist at the University of Pennsylvania, suggests Jiang is hanging on simply because he isn't ready to go. "The Party has a pure dominance hierarchy," he says, "and it's hard to give up being the alpha (male...
...Finanza logo and a message saying they have been shut down.) Software attracts a wide variety of pirates, from international gangs of criminals to local thieves and enterpreneurs. "There are all kinds of people involved," says the leader of the smart raid, Commandant Mario Piccinni, who heads a specialist corps of Milan's Guardia di Finanza. "There are professionals, a baker, a factory worker and an unemployed person." All 11 suspects were charged and released. "The investigation is ongoing," says Piccinni. "It serves our purposes that these people are being released...