Word: bankes
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Dates: during 2000-2009
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...Suddenly, the government is in the private equity business. Private equity has always had the advantage of leverage. It would buy a company by putting up 10% of its own capital and borrowing 90% from a bank. But, the government has no bank. It can only lend money to itself...
...says Marshall Cohen, an analyst at the NPD Group. Consumers are willing to pay for convenience, say the experts, especially when grabbing items that they really need. "Is it a good idea? It's the only idea," says Howard Davidowitz, chairman of Davidowitz & Associates, a retail consultancy and investment bank. "Mothers are going to the store with their children, and to the extent you give mothers another reason to shop, you win. I compliment them for reacting. Doing nothing is not an acceptable answer." (See 10 things to buy during the recession...
Melonie Griffiths-Evans, a CityLife/Vida Urbana organizer, recounted her personal experience with foreclosure. Before receiving help from CityLife/Vida Urbana, Griffiths-Evans said that she felt that she had no other option but to enter a homeless shelter. But CityLife/Vida Urbana barricaded her home to prevent the bank from evicting her and her family. Ultimately the bank entered into negotiations with Griffiths-Evans...
...Boston, the rate of home foreclosure has risen dramatically in the past three years. Faced with what seemed like no alternatives, many tenants who were foreclosed upon accepted “cash for keys” deals, in which the bank paid the occupant a small sum in return for the occupant signing away the legal right to remain in the home...
Ahmadinejad is softening his tone when he says that Iran would not stand in the way if Palestinians opted for the two-state solution, establishing their own state in the West Bank and Gaza Strip and relinquishing claims to territory that constitutes the state of Israel. Still, Parsi says, this simply echoes the view expressed by Ahmadinejad's predecessors, including former President Mohammed Khatami. "For Ahmadinejad, this is a rather halfhearted shift, but it is important nonetheless," Parsi says. (See pictures of Scott MacLeod's interview with Ahmadinejad...