Word: creditation
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...effect, labor and credit costs, along with the costs of the parts needed to keep Detroit running, will rob the U.S. car companies of any chance at all that they can take advantages of a better market when it returns. The auto firms are in the process of completely undermining their future, and may end up destroying themselves in order to remain in business...
...Vaillancourt said. “But I think that if we take a lot of shots, [and] then take the rebounds, then we’re definitely going to beat her. She’s not unbeatable—we’ve got to give her credit, but I’m not really worried about the goaltending that much...
...comes the messy part. Bank of America used Strata's collateral as the backing against which it could write credit default swaps (CDS), that is, insurance contracts based on whether some other bonds get paid back. As a writer, or seller, of CDS contracts, Strata investors get a regular fee, much like a annual amount any insurance holder would pay, for guaranteeing the buyer of the insurance against losses on the bonds. All told, Bank of America wrote CDS contracts worth $20 million based on the debts of as many as 75 companies. Add the fees from the insurance contracts...
...foil to make up the difference. Still, Brand acknowledged the effort of all three sabre fencers, noting sophomore Yunsoo Kim’s two victories and close matches throughout the day, despite her inexperience. “It’s a great credit to her,” Brand said. “She’s never really fenced before she got to Harvard.” Brand hopes to practice with the sabre team this week in preparation for the second part of the tournament. Still, the Crimson eyes Feb. 22’s continuation...
...asked why video and new media were neglected in the Task Force’s report. Another audience member asked why the report paid little attention to the Graduate School of Education’s “Arts in Education” program.Others were ready to give Faust credit for improving the arts’ profile on campus. According to Office of Career Services Interim Director Robin Mount, the OCS is diversifying its programming to place less weight on finance and consulting. Mount said that Faust’s influence helped spur the changes.—Staff writer...