Word: credited
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Dates: during 2000-2009
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...early to gauge the extent of corporate fraud triggered by the recent gloom, but with credit scarce and jobs precarious, there's little doubt we're in a boom time for scams. A majority of members of the U.S. Association of Certified Fraud Examiners who were polled in February and March said they had seen the number of company fraud cases climb in the previous 12 months; the bulk of those experts attributed the rise to heavier financial pressure. (See pictures of the global financial crisis...
...Technology that is already fairly old allows credit card companies to keep tabs on what customers are doing with their money, which includes where they shop, what they spend, and whether they pay their bills for other credit cards, their car payments, and mortgages. The Senate recently passed a "Credit Card Holders Bill of Rights" that will make it more difficult for lenders to take personal financial information and decrease people's credit lines or raise their interest rates. The Bill of Rights will make most of the payment tracking software useless. The banks that bought it will have...
...government is going to be asked to do much more than set up guidelines for what credit agencies can share about people's spending and payment habits. It is not clear that it is legal or moral to fire someone because the odds are high that the person might quit. But, if a company can determine accurately that there is a 99% chance that someone will leave, why shouldn't it be able to fire the person and begin the process of finding a replacement? There is no reason that the employer should be burdened by waiting...
...General Education committee—which approved approximately 150 of 221 total classes that will count for Gen Ed credit this past spring—is readying the new curriculum for full implementation in the fall, as a new Gen Ed office prepares to move into fresh quarters in the Holyoke Center. Associate Dean of Undergraduate Education Stephanie H. Kenen will serve as the administrative director of the new Gen Ed office, and Dean of Undergraduate Education Jay M. Harris, who also chairs the Gen Ed committee, will serve as its faculty director. The Gen Ed office will absorb...
What's the biggest risk to a continued rise in bank stocks? There are three risks: first, that credit spreads widen again and go back up to historic highs; second, that the employment situation, on a relative basis, is not improving and we see an acceleration in the rate of weekly jobless claims; third, if housing takes another big move to the downside...