Bad news can hit you right in the stomach



hollywood watch

Yesterday I got some bad news about a project I’ve been working on. I knew it was coming – when the network executives suddenly stop calling with ideas for casting and thoughts on the next draft of the script, you know you’re in trouble.

Still, when the news came, it stung. This project was almost two years in the making. The script was new territory for me – more dramatic, darker and more suspenseful than my usual comic style – and I was proud of it. The first episode – shot over a thrilling week in New York – was fast-paced and hilarious in an evil way. In other words, it came out exactly as I had envisioned it.

But when the call came that the project wasn’t moving forward all I could think about was: “Where am I going to eat?”

Bad news makes me hungry, but it also makes me sentimental. The meal I eat after getting bad news has to be special. A bad-news meal needs to be rich and fatty and satisfying, but it also needs to have some kind of historical show business heft. When your show gets the axe, you want to sit where decades of writers and directors and actors have sat nursing similar wounds.

So before I would really sift through my feelings about the news, I needed to decide on lunch.

Years ago, a paramedic told me that for weeks after the death of movie legend Elizabeth Taylor, he’d pick people up in his ambulance and as they sped to the nearest hospital, lots of them would pull off their oxygen mask to make a request.

“I want to go where Liz Taylor died,” they’d say.

Meaning, “Take me to Cedars Sinai hospital.” That’s where Elizabeth Taylor died and that’s where they wanted to go, too. This is Los Angeles, and people want a little celebrity pixie dust wherever they can find it.

The perfect place for a bad-news lunch was the old Nicodell Restaurant on Melrose Avenue, tucked into a space between the old RKO Studio and Paramount. That’s where, sometime in the 1950s, Cuban bandleader Desi Arnaz told old-time actor William Frawley that if he didn’t get control of his alcoholism, he’d be fired from the smash-hit sitcom I Love Lucy.

“Let’s sit in that booth,” we young comedy writers would say, when we stopped in at the Nicodell for a (pretty awful) meal. It’s not that much different from “I want to go where Elizabeth Taylor died”.

Eventually Paramount bought the restaurant, closed it, tore down the shabby, threadbare building and put in a car park – which wasn’t a tragedy, really, because the food was awful and I had a production deal at Paramount at the time and appreciated the convenient parking spot.

It still made me sad. I felt like what older Los Angelenos must have felt when they shut the pony ride park on the corner of La Cienega and Beverly Boulevard. Anyone who grew up in this city in the 1950s and 60s remembers that park with great affection.

It’s now the Beverly Center, a huge brown mountain of a shopping mall, which is either sad or not depending on how sentimental you are about kids riding around a dusty track on ponies.

The Beverly Center has about six restaurants – all of them fairly decent, but none truly suitable for a bad-news lunch. You can’t wallow in self-pity in a shopping mall.

I was stuck. My stomach was growling and I was starting to panic: I needed to settle on a place quickly or I’d start moping about the news without a fork in my hand.

And then I remembered: I once ate lunch at a deli in the San Fernando Valley and two booths over a very powerful network television executive was having lunch with his former Number Two employee, someone he had publicly fired a few years before. The firing had been ugly and sudden and for all any of us knew, they hadn’t spoken since then.

It seemed like an awkward lunch. Both of them sat stiffly. Neither spoke loud enough for me to overhear anything – and believe me, I tried. But when they both got up to go, the handshake they shared seemed genuine. Peace, it seemed, had been brokered.

At the time I thought, “This is nice. Nice that they’re still having lunch together, nice that people get over things.”

When I remembered that, I knew where I needed to eat – that deli in the San Fernando Valley. I even knew where I needed to sit – in the booth in the place where I once saw people get over something.

I had a gigantic roast beef sandwich and a monstrously large piece of chocolate cake. And it worked.

Rob Long is a os Angeles-based writer and producer

On Twitter: @rcbl

Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

CREW
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The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

Results

6pm: Dubai Trophy – Conditions (TB) $100,000 (Turf) 1,200m 

Winner: Silent Speech, William Buick (jockey), Charlie Appleby
(trainer) 

6.35pm: Jumeirah Derby Trial – Conditions (TB) $60,000 (T)
1,800m 

Winner: Island Falcon, Frankie Dettori, Saeed bin Suroor 

7.10pm: UAE 2000 Guineas Trial – Conditions (TB) $60,000 (Dirt)
1,400m 

Winner: Rawy, Mickael Barzalona, Salem bin Ghadayer 

7.45pm: Al Rashidiya – Group 2 (TB) $180,000 (T) 1,800m 

Winner: Desert Fire, Hector Crouch, Saeed bin Suroor 

8.20pm: Al Fahidi Fort – Group 2 (TB) $180,000 (T) 1,400m 

Winner: Naval Crown, William Buick, Charlie Appleby 

8.55pm: Dubawi Stakes – Group 3 (TB) $150,000 (D) 1,200m 

Winner: Al Tariq, Pat Dobbs, Doug Watsons 

9.30pm: Aliyah – Rated Conditions (TB) $80,000 (D) 2,000m 

Winner: Dubai Icon, Patrick Cosgrave, Saeed bin Suroor  

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Price, base / as tested: Dh276,675 / Dh346,800

Engine: 3.0-litre turbocharged in-line six-cylinder

Transmission: Eight-speed automatic

Power: 354hp @ 5,500rpm

Torque: 500Nm @ 1,550rpm

Fuel economy, combined: 9.0L / 100km

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  3. All aspects of post-production.
  4. Emerging technologies and VFX with AI and CGI.
  5. Understanding of marketing objectives and audience engagement.
  6. Tourism industry knowledge.
  7. Professional ethics.
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Ministry of Interior
Ministry of Defence
General Intelligence Directorate
Air Force Intelligence Agency
Political Security Directorate
Syrian National Security Bureau
Military Intelligence Directorate
Army Supply Bureau
General Organisation of Radio and TV
Al Watan newspaper
Cham Press TV
Sama TV

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Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

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Springtime in a Broken Mirror,
Mario Benedetti, Penguin Modern Classics

 

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

How to get there

Emirates (www.emirates.com) flies directly to Hanoi, Vietnam, with fares starting from around Dh2,725 return, while Etihad (www.etihad.com) fares cost about Dh2,213 return with a stop. Chuong is 25 kilometres south of Hanoi.
 

Analysis

Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more

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  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
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While you're here
A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5

Test

Director: S Sashikanth

Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan

Star rating: 2/5

THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

Power: 420kW

Torque: 780Nm

Transmission: 8-speed automatic

Price: From Dh1,350,000

On sale: Available for preorder now

Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
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