Word: crediteers
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Shoppers are migrating to the Web for a variety of reasons. Rising financial anxiety and tight credit availability are making holiday shopping this year an exercise in self-restraint, and the Web offers a quick, clean shot at purchasing 24 hours a day. Moreover, with websites like FatWallet and SlickDeals featuring bargain-basement prices, hunting around for the best value is a convenient mouse click away. That's an easier proposition for many than slogging to the mall and fighting traffic, crowds and parking problems. "Comparison-shopping online dwarfs what you can do in the real world," says Nita Rollins...
Says FFlaherty: "The credit crisis we're facing is the result of unbridled greed. We need to bridle greed." Perhaps when world leaders sit down in Washington to forge a 21st-century New Deal for the global financial system, it may have more than a smattering of Canadian banking know...
...Columbia (11-4-2, 4-2-1 Ivy), the defending conference champions. With its 2-1 victory, Harvard (10-3-4, 5-1-1) is the Ivy League champion for the first time since 1999. “I think it was tough, and I give a lot of credit to [Nichols] for being able to focus and shut everything out and just focus on the ball, because that’s tough,” Harvard coach Ray Leone said. In the first overtime, the Crimson’s offense had five shots on goal compared with none...
...distracting from the actual plotline.The Loeb Ex is an intimate performance space, and with only a few yards separating the audience from the actors, all of the convulsions, screams, rolling on the floor, waving of arms, and moaning seem too much to digest and at times almost comical. Still, credit should really be given to the actors, as this is not an easy play to execute. Hell, Medina is forced to remain cross-eyed the entire show, a feat that gives me a headache just thinking about it. And though Mrs. Venable’s madness is certainly not easy...
...infrastructure and projects but also seeks to get notoriously savings-obsessed Chinese consumers - who boast the highest household-savings rate in the world - to do more spending of their own. The package proposes to do this by, among other things, cutting taxes and abolishing existing limits on commercial banks' credit-lending. The plan also advances the government's oft stated desire to improve living conditions in the countryside, where residents earn about a third of what urbanites pull in - a situation Beijing rightly considers a threat to the country's social stability...