Here is what a private equity firm does: it borrows money to buy a company; then it has the company borrow money to pay rich fees to the private equity firm, for providing the service of... sucking the company coffers dry like a voracious leech. This practice is currently bigger than ever.
In honor of the final season of The Office being released on DVD, the show's producers have made available a highlight reel of some famous actors (some of whom were less famous then) auditioning for Office roles that ultimately went to someone else.
Logan Stevenson is two years, nine months, and 15 days old. He has a younger sister named Savannah and an aunt named Kellie. Stocky with peach-fuzz hair, he's an empathetic child, the sort of little boy who wipes away his mother's tears when she cries. His favorite stuffed animal is a rabbit named Bun Bun.
A couple weeks after a state-appointed emergency manager filed a bankruptcy claim on behalf of Detroit, the world-famous Christie's auction house has been called in to begin appraising some of the Detroit Institute of Arts' permanent collection. But lest you should assume this is the sign of vultures coming in to pick at a decaying carcass. everyone involved in this process promises this is just a formality and no art will be sold.
According to a new Gallup poll, only 36 percent of 18 to 29 year olds have tried marijuana. That's down from 46 percent for the same age group in 1999, and 56 percent in 1985. What new barrier is preventing young people from getting as high as gas prices like their parents and grandparents before them?
One headline summation of this latest edition of The Newsroom could read: A riveting new subplot unfolds and a previously unsympathetic heroine—associate producer Maggie Jordan (played by Alison Pill)—emerges transformed. Another might be: That hair color spells trouble (both Maggie's old blonde and new red. Not to mention that the new cut is awful).
