OOD DAY FOR: Rolling the credits, as Hollywood has largely managed to avoid last week’s freezing up of lending. Production company Media Rights Capital closed on a $350 million line of revolving credit from JPMorgan and Comerica on Friday, and Steven Spielberg secured $700 million through JPMorgan last week to start a production unit with India’s Reliance Big Entertainment. (The New York Times)
BAD DAY FOR: Good help, as the collapses in the banking world are starting to be felt in the world of the elite British nanny. Paying up to $73,000 a year for top-notch child care is harder to justify when you’ve lost your top-dollar banking or money-management job. Nanny staffing agencies in London say they’re starting to see layoffs and lower salaries. (Reuters)
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