Word: creditable
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...much does it matter what people are paid? "Where is the empirical evidence that by doing what Feinberg is doing, we'll solve the problems that caused the financial crisis?" asks Ohio State University finance professor René Stulz, who has looked at whether excessive CEO pay caused the credit crunch...
...Credit for That? Justin Fox's "Get Homes Off Welfare" is quite a stretch [Oct. 12]. Real estate values have plummeted not because of government aid but because of people making poor decisions with their money after being convinced they could buy more than they could afford. My wife and I will be putting our tax credit into improving our new home, thereby injecting that money right back into the economy. Plenty of us are responsible enough to know our limitations and make good decisions with our money. Do not take benefits away from us because of the people...
...homeowner and found it staggering that just the mortgage-interest and property-tax deductions amount to $96 billion per year. The elimination of those two deductions alone would virtually pay for health-care reform. I recall the fear expressed when the removal of interest deductions for auto loans and credit cards was first discussed. The bottom did not fall out of those sectors. Nor will it fall out of the housing market. Peter Remondino, Scottsdale, Ariz...
...industrial-storage-supply firm, doesn't pull out Visa or American Express. He pulls out Bartercard. As a member of the Bartercard trading network, Burrows receives "trade pounds" instead of cash whenever his firm, Global Equipment Trading, works for fellow Bartercard clients. He can then spend that credit at any of the 75,000 member businesses around the world, including Patpong Thai, where he frequently entertains clients. So far this year, Burrows has exchanged around $410,000 in goods and services, helping to offset expenses and keep cash available for other outgoings. "Using barter we've purchased everything from...
Harvard students will be able to watch the “The Wire” for class credit next year...