Word: accountant
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...Board cut the Fed fund rate from 6.5% to 1%. The easy availability of low-cost loans triggered a dramatic rise in borrowing, which lifted the prices of all assets, including stocks, real estate, commodities, bonds, art and wine. As U.S. consumption boomed, the nation's trade and current-account deficits exploded. But when economic growth is dependent on accelerating debt growth, the supply of money and credit has to continue accelerating in order to keep the good times rolling. This is no longer happening-not just because the Fed has tightened credit but because the market has done...
...guess I’d phrase it that we’re trying to present an alternative view of sex that’s not often seen on this campus—one that’s different from the hook-up culture, and that really takes into account a person’s entire emotional and physical health,” she says...
...twin student advisory committee to advise her. Given the direct effect of the position on College life, however, Faust should actively and formally involve students in the selection of a new FAS dean. Faust is taking some steps to solicit student input. She has hatched an e-mail account to pool individual students’ advice on the dean search, and, if history is any indicator, the Undergraduate Council (UC) will convene an unofficial student committee that will prepare a report and get limited face time with her. These are, however, highly imperfect substitutes for open, organized communication with undergraduates...
...annoyance comes with a price tag. Jeffrey Hammond, senior analyst at Forrester Research, estimates the daylight saving time (DST) switch will cost the average company $50,000 in time and labor expenses - a conservative figure that doesn't take into account missed airline flights or forgotten appointments. That's a total of $350 million for the 7,000 publicly traded companies in the U.S. "In the aggregate it will probably be worth it, but right now it's an unfair tax on corporate America and even businesses worldwide that I don't think Congress thought about," says Hammond. Since most...
...report by McClatchy Newspapers - quickly denied by the Justice Department - alleged that a senior DOJ official informed one of the fired U.S. attorneys that if any of them continued to criticize the Administration, previously undisclosed details about the reasons for the firings could made public. McClatchy attributed the account to two of the ousted prosecutors, but did not name them, and also quoted the DOJ official as saying, "I had no conversation in which I discussed with any U.S. attorney what they should or should not say to the media regarding their removal...