Word: creditably
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...CARRY CASH Well, don't carry it, but keep it around. A couple of hundred dollars--some at home, some at work--can be priceless when ATMs go off-line and no one is taking credit cards. A roll of quarters for pay phones also helps. It's hard not to spend it when you know it's there, but the cache of cash you don't touch today can be a lifesaver tomorrow...
...would pass muster at any high school with a dress code. Weaver says he avoids resorting to sexual advertising messages to move merchandise. "Many teenagers love it," he says, "but why would I alienate the parents? I can't forget my customer is 15 and doesn't have a credit card...
...unknown. People planning on refinancing or buying a house would do well to listen to what Gross has to say. For one thing, he says the unprecedented interest-rate volatility seen of late is now a permanent bond-market reality because of the nation's mushrooming use of credit. As banks, pension funds, insurers and finance companies trade debt to manage their exposure to interest-rate risk, speculators are encouraged to jump in, heightening volatility...
There's another pitfall: a lock-in can be canceled if the loan processing isn't completed by the time the agreement expires. Unanticipated delays can crop up in a number of ways. For example, applicants may be slow to produce all required documents. "If you have bad credit or bad records, it's not the bank's fault," says Fresella. Sometimes, though, it is the bank's fault. Lenders bogged down with application backlogs may not be able to process paperwork quickly. Under those circumstances, lenders may offer to extend the deadline as long as 30 days. In some...
...disappointment, there's a very low level of interest," says Richard Eats of Threadneedle Investments. That may be changing; some fund managers say they've seen growing interest in the past two weeks. But such latecomers "may have missed the big move," says Bob Parker, deputy chairman of Credit Suisse Asset Management, who still expects the rally to continue, albeit less dramatically. Carlyle's Euro Shopping Spree A secretive, well-connected U.S. financial firm may be close to achieving what European governments and companies have long failed to do: consolidate Europe's defense industry. The Carlyle Group, a Washington...