Word: crediteers
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Frances helped form both the first social-work concentration in industrial social work in the West and the Consumer Credit Counselors--a national network of 350 counseling services. Her studies of workplace behavior influenced employee-assistance programs and state laws on employer discrimination. Ultimately, she evaluated everything through the lens of history. Surely she would have judged her own life as a success...
...energy crisis, and a climate crisis. As the American “slow-motion train-wreck,” as Harvard Business School Dean Jay O. Light termed the Wall Street emergency, accelerates toward derailment, we now also face a financial crisis. Most dangerous, and inextricably connected to the credit crunch, is the penumbra of one more cataclysm: the “development crisis...
...last eight years, American aid flows have done little more than keep pace with inflation despite promises otherwise. Second, collaboration at this time will set the stage for the systemic changes needed to reform the global economic order so that today’s crises—including credit crises—can be avoided in the future. Right now, brewing in the legislatures of the developed world is the same breed of unilateralism and stubbornness that precipitated two world wars. If the G8 nations do not increase aid as promised, the developing countries will slip further into destitution...
...single hero facing adversity armed with talent and determination; uplifting triumph inevitably follows. The makers of “The Express” iterate this sequence not only in the overarching narrative, but in smaller, similarly predictable subplots that seem to start and end every 20 minutes. To their credit, Fleder and Leavitt do an admirable job of situating Davis’s plight within the context of a racially fraught era and the accompanying civil rights movement. Yet even this element feels derivative—with its ethic of racial harmony by virtue of athletic success...
When Governor Arnold Schwarzenegger announced that California might have to go to the Federal Government for a $7 billion loan to fund its daily operations, it was the most dramatic display yet of how state and local governments are being buffeted by the deterioration in credit markets. With few willing buyers of municipal securities, Massachusetts twice shelved plans to float $750 million worth of short-term notes used for paying its bills. And across the country, dozens of other funding deals for longer-term projects, from road repair to school expansion, have been delayed...