Word: creditably
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...cuts and the war in Iraq, is projected to hit $521 billion this year. Huge deficits usually make investors nervous and drive up interest rates, but Asia's bond purchases have allowed Greenspan to keep interest rates low, making life easier for millions of U.S. home buyers and credit-card owners?not to mention President Bush, as he scrambles for money to rebuild Iraq...
...goods-for-bonds deal, however, is that it has hooked American consumers onto cheap imports and caused a huge deterioration in the U.S. current-account deficit. If U.S. interest rates surge, the ripple effect will be felt throughout the world in the form of higher mortgage payments, credit-card repayments, and lower corporate investment...
...have polycriminals. Anything that will make money, they will do it." Evans, a former New Zealand customs agent, says that might include gun running, people smuggling and fraud. The Australian Federal Police say the syndicate behind Fiji's 2000 heroin seizure was allegedly involved in illegal immigration and credit card fraud; it's believed the gang that set up the ice lab had similar interests?and investigators are probing the possible involvement of some local officials, says Fiji police spokesman Mesake Koroi...
...help that LG Electronics is a member of one of South Korea's mammoth, family-controlled conglomerates, called chaebols, which are infamous for mysterious and convoluted business practices. In February the company broke a promise to investors by pledging $130 million to buy bonds of a nearly bankrupt affiliate, credit-card issuer LG Card. Kim says his company joined in because a failure at LG Card would have damaged LG's image. Michael Lee, an executive vice president at LG Corp., the conglomerate's holding company, says affiliates had a "moral obligation" to help out and calls the LG Card...
...Credit the bitchy wit to screenwriter Paul Rudnick, the knowing tone to director Frank Oz and the cluttered ending to the focus groups. The snazzy cast--including Matthew Broderick, Bette Midler and, as the makeover masterminds who have "top-secret contracts with the Pentagon, Apple and Mattel," Glenn Close and Christopher Walken--really sinks its fangs into Rudnick's poisoned apple...