Word: cashed
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...Obama had everything going for him, Danforth said: the Bush drag, the unpopularity of the war in Iraq, the economic downturn and opting out of public financing to rake in a mind-boggling cash advantage...
...just investors who are shying away from betting on corporate America. Banks, too, despite all of the government's best efforts, continue to be reluctant to extend credit to companies. Yardeni notes that in the past six weeks the amount of cash banks are holding has more than doubled to just over a half a trillion dollars, which is nearly a record. Bank lending is up, but Yardeni says that much of the measured increase comes from financial firms like Goldman Sachs and Morgan Stanley being recategorized as banks. "Banks are piling up liquid assets much faster than they...
...that these entrepreneurs have a little more cash in their pockets, the elevator doors have opened and its time to sell their ideas to the rest of the world...
...associated with the Cabinet made clear that its members make their donations without anyone's review. And yet as the National Review's Byron York has pointed out, Americans were horrified to learn during Watergate that Richard Nixon's friend Clement Stone had donated an outrageous $2 million in cash to the President's campaign. Cabinet members have spent at least five times that amount in various races in the past four years; the Soros-backed Democracy Alliance has spent probably 50 times that amount...
...Andreas Schuster, head of research at CLSA, says smaller property developers are most at risk and might face severe losses in the coming months. A lack of financing means it's nearly impossible for them to find the cash to continue operations. Japan has not yet seen "the colossal collapse you could expect if you look at the oversupply that is built into the system," he adds. But Schuster says falling property prices will result in big losses for developers large and small...