Word: cashes
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...billion in bad debt on their books. Put another way: that's as much as 12% of German GDP. The U.S. bad-bank plans calls for purchasing up to $1 trillion in toxic debt, equivalent to 6.8% of U.S. GDP. German banks have about $550 billion in cash reserves. So, it's not hard to figure out what would happen to the real economy if the banks are left on their own to work through loan failure of this magnitude. "Germany has not succeeded yet in getting control of the financial crisis," says Klaus Zimmermann, president of the Berlin-based...
...resources consultancy Lee Hecht Harrison. In 2008 a full 31% of professionals and some 22% of administrative workers did. Building up the gumption to ask for a better deal is particularly important today as struggling companies offer less: nearly a tenth of firms are on the cusp of reducing cash payments, according to a survey by the consultancy Hewitt Associates, and a good many are cutting back on benefits too. (See TIME's pictures of American retailers out of business...
...your request in as businesslike a way as possible. If the firm is going to continue to profit from a big client you landed even after you're gone, mention that. It should be worth something extra. If leaving means forgoing certain pension benefits, ask to be compensated in cash. If you moved to a new city for your job and now you'll probably leave, ask the company to pay for relocation. (See the worst business deals...
...snack that drove most of the nascent criminal tendencies haywire? Doritos, the man behind the cash register at Subways confirmed...
Pimp My Ride. Want to ride in style to the airport, but have little cash to spare? Try Hitchsters.com, which sets up shared limo rides to the airport. Enter the airport you're headed to, the flight you're catching and the time you want to leave. The website will let you know if there are any other travelers who want to hitch to your wagon. You can also indicate whether you'd prefer male or female company. It beats trawling the produce aisle for mates...