Word: assets
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...trying to do, and how. I know this is much easier said than done, given the startling rapidity with which things have headed down the drain. But the bailout of Citibank about a week ago makes the point; at the start of this, the so-called TARP (the Troubled Asset Relief Program) was going to be used to buy bad assets from financial institutions. Those institutions could then be recapitalized and, with their balance sheets repaired, set about lending again to qualified individuals and businesses, providing the economy with the seed corn it needs to grow. Then, a couple...
Iskenderian: The trend that is most shaping the industry today is undoubtedly commercialization, as microfinance is increasingly seen as a distinct asset class and a profitable business opportunity. The numbers are truly staggering. In 2006, over $2 billion in commercial capital poured into the microfinance industry. In 2007, this investment was over $3 billion. At the same time, MFIs themselves are increasingly transforming from non-profit organizations to regulated, for-profit institutions. They are doing so even as many microfinance institutions still rely on a guy keeping a big book with a ledger rather than a computer system. But there...
...BATHING APE's beginnings: "Rewind to the Tokyo of the early 1990s. The asset price bubble that fueled the excesses of the previous decade had just collapsed, and the recession that followed in its wake had an instantaneous and crippling effect on cultural production. In fashion and its allied trades, the contraction in the economy forced an untimely end to the "Designer Boom" that defined the Tokyo high street for much of the 1980s ... [But in Harajuku], a tentative sense of revival was afoot. In its warren of side-streets, ancient storefronts and crumbling housing complexes, a scrappy group...
...handbooks guide the "journeys," offering exercises in critical thinking, ethical decision making, "assessing team dynamics" and "community asset mapping." Is Juliette Low rolling in her grave as camps close down to make way for jazzier Web content and global networking? Lee Ann Maley, a Girl Scout executive in South Carolina, believes that the founder would approve of the new model of assertive girlhood. "We're doing more with science, technology, engineering and math," Maley says. "I think Juliette Low would be standing up and blowing her horn - the girls...
...BILLION Loans to holders of asset-backed securities, which include education, credit-card and auto loans, to jump-start consumer financing...