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Word: creditably (lookup in dictionary) (lookup stats)
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...Everything China produces, with the possible exception of textiles, is pure junk. All those "goodwill" gifts offered by U.S. credit-card companies are worthless. TIME sent me a made-in-China radio set as an award for being on time with my renewal. The radio lasted all of one hour-a screeching box that ended up on the junk pile. Americans are buying substandard products and sustaining China's economy. Future generations will condemn us for this. Paul Borstnik, Cleveland...

Author: /time Magazine | Title: Inbox | 7/19/2007 | See Source »

Lacayo's article nailed it: Bush's reputation is so low that he has "nothin' left to lose" in letting Libby off the hook. But while Janis Joplin's powerful performance of Me and Bobby McGee knocked it out of the park, let's give Kris Kristofferson credit for composing the classic words of that poetic song...

Author: /time Magazine | Title: Inbox: Jul. 30, 2007 | 7/19/2007 | See Source »

Advocacy, though, doesn't mean an analyst gets all the credit when a stock rises or the blame when it falls. Analysts circulate research reports to the entire firm. Anyone can weigh in. And when the analyst thinks it's time to change the firm's exposure to a stock, the first stop is a sector committee, made up of people who know an industry well and can drill down to test the idea in depth. "The nature of this business is that you're going to be wrong a lot of the time," says Diana Strandberg, who sits...

Author: /time Magazine | Title: The Cult of Committee | 7/19/2007 | See Source »

During each of these episodes, the financial pages filled with fret: Would this be the moment when markets turned south, when credit dried up, when hedge-fund managers and private-equity partners started applying for work at Wal-Mart...

Author: /time Magazine | Title: The End of Easy Money | 7/19/2007 | See Source »

...Which is not to say things aren't changing. Bank ATM cards are now ubiquitous, with more than 1 billion in circulation in China. And, in 2006 the number of credit cards shot up 39%, and the total is expected to double again this year. Whereas banks barely break even now on such business, McKinsey estimates by 2013, China's consumer credit card profits could hit $1.6 billion. Indeed, at a Shenzhen Starbucks, I watched as a young woman paid for her caramel macchiato with a Beijing Olympics-branded Visa, one of what seemed to be several cards...

Author: /time Magazine | Title: In China, There's Priceless, and for Everything Else, There's Cash | 7/13/2007 | See Source »

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