After spending millions of dollars in the presidential and Senate campaigns with little to show for it, many superPACs and other outside groups are still tending their wounds. But it's too soon to write off superPACs as a waste of wealthy donors' money.
Consider, for instance, this upset in a congressional race outside Los Angeles.
The tiny eastern Mediterranean country of Cyprus is expected to become the fifth eurozone nation to receive a bailout. But the island-nation, which is about half the size of Connecticut, could soon access a massive treasure under the sea: natural gas.
If all goes well, Cyprus could start making more than $25 billion a year — about the same as the country's current GDP — starting as early as 2015, says Solon Kassinis. Twenty years ago, few listened to the engineer when he said there was gas and oil under the seabed.