Word: borrower
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...billion more. Question 1 supporters tell the undecided that the measure’s opponents are “indirectly funded by your tax dollars.” They’re right. Everyone in Massachusetts is indirectly funded by tax dollars—when they mail a letter, borrow books from the library, or visit a nearby state park...
...Leverage was the mother's milk of Wall Street - and of Main Street - for the past 20 years. Leverage meant debt, specifically the number of dollars you could borrow for every dollar of wealth you had. It meant borrowing other people's money to invest in something you wanted to invest in, or to buy something you wanted to buy. On Wall Street, debt funded investments in pretty much everything a financial firm could bet on, including the toxic mortgage-backed securities that led the way into this crisis. On Main Street, it meant borrowing to buy a house...
...That exec was Henry Paulson, then the CEO of Goldman Sachs, now U.S. Treasury Secretary. Four years later, the SEC complied, amending the rule; the effect was to allow Wall Street to borrow even more money to finance its businesses. At the most aggressive investment banks, leverage ratios reached 30 to 1. That is, for every dollar in equity capital the firm had, it borrowed...
Here's why: because real Real Americans defy stereotypes. The real Real America has become both more homogeneous (more chain stores, less local flavor) and more heterogeneous (the "exotic" is less exotic--McDonald's sells lattes and chipotle wraps). This is America today: the real people borrow from the fake people, Dunkin' Donuts from Starbucks, and vice versa. But the media's cultural referents for ordinary America have hardly changed since George H.W. Bush cracked open a bag of pork rinds...
...Harvard School of Public Health’s director of student financial services, Kathryn L. Austin, echoed many administrators’ concerns, saying that the change will make it very difficult for international students to borrow enough money to cover the cost of attendance...