Word: creditably
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...original concern of the leaders who will come to the summit is that a lack of regulation was the root cause of the financial and credit catastrophe that ruined the international banking system. Leaving aside whether regulation can, in and of itself, make the financial markets less risky, increasing the power of regulatory bodies costs almost nothing in terms of creating new laws and staffing oversight agencies. There should be very little argument on that point. Every nation coming to the G-20 summit can afford to further regulate its banks and financial markets. However, there has been little time...
...lend to the people and industries that a government believes should have access to more capital? Since major financial firms operate in dozens of countries, there is no uniform set of answers to that question. The same holds true for leverage. Does a hedge fund create jobs and financial credit opportunities by helping to improve market liquidity though investments with complex insurance instruments like credit default swaps, or are these derivatives too risky to be allowed to trade freely? Since there is no way to come to an irrefutable conclusion about credit and leverage, any decision to regulate...
...having a staggering national debt, a debt which revenue collected by the IRS may not decrease at the rate that the Administration claims that it will. For France, the matter is academic. It does not have the ability to borrow hundreds of billions of dollars though the world's credit markets. Even if it is philosophically opposed to a large deficit, it is poorly equipped to create one through borrowing. (See pictures of the global financial crisis...
Pound for Pound. The four-star Royal Lancaster hotel, located in London's Hyde Park, has a 100-pound offer Friday through Sunday nights this spring. Snag one of the select 100-pound rooms, and get 100 pounds in credit toward food or drink at either of the Lancaster's two restaurants. Book rooms through April 26. Lancaster Terrace, London...
...account, then summon a chariot by emailing get@ridecharge.com; iPhone users can just download the Taxi Magic app. The program gives you real-time updates on your car's location, when it will arrive, as well as the driver's name and car number. Plus, you can pay by credit card...