Word: creditable
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Pritzker dynasty owns a variety of businesses, ranging from a cruise line to a credit-checking company, but Hyatt is seen as the crown jewel. Industry experts speculate that it's this family squabble that is forcing Hyatt...
...what is driving the price of gold? Adam says demand. And that's a good thing. As the credit crisis and global recession eases, more and more consumers, and industrial users like electronics manufacturers, are buying gold again. According to World Gold Council, demand for gold, while down from a year ago, rose 19% in the second quarter vs. the first three months of the year. Indeed, gold prices might be rising in anticipation of the normal holiday buying season...
...Indeed, with mortgage securitization, at least banks intervened in the right to property by way of extending mortgage credit to those otherwise unable to own a home; however corrupt the practice was in hindsight, at least a positive externality existed. But, life insurance securitization is far worse, an encroachment on Locke’s natural rights: life and liberty. To sell a financial underwriter your life insurance policy is like circulating a trading card among investors—one that cashes in when you die. Until then, it merely functions as a liability for the underwriter and investors, equally...
...inventions flowing from these banks. Just because something can be securitized does not mean that Wall Street ought to underwrite it. Financial engineering must be constructive and bear value not just to financial firms, but also to the inherent goals of the world of finance—providing credit and financing to firms and households. The industry’s latest ideas seem more like “Modest Proposals” than serious pitches, more tongue-in-cheek ways to expose the industry’s greed than earnest ideas to provide financial services. The future will certainly...
...would think that the mere infusion of $88 billion into the economy in six months - that's how much the government has spent so far - would buy Obama some goodwill; certainly many local and state politicians, including some who originally opposed the stimulus, have been quick to claim credit for stabilizing their economies with the federal largesse. Except, as it turns out, the very thing that makes the stimulus help the economy in the short term is a political loser: the program is giving most of its money to the poor. Of that $88 billion, the majority has gone...