Word: crediteers
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...view the U.S. military presence. A year ago, Hammadi was in a minority: most Iraqis living outside the Green Zone saw the Americans as the main cause of their country's problems. Now, says Ali al-Dabbagh, spokesman for the government of Prime Minister Nouri al-Maliki, all the credit for the decline in violence is going to the U.S. military: "People think the Americans are like Superman, who can do anything...
...heavily, very few triple-A securities (less than 0.1% originally given that rating by S&P since 1978) have defaulted, which is what our ratings speak to. We have learned a great deal from recent market challenges and will continue to work to support the effective functioning of global credit markets. Vickie Tillman, Executive Vice President, Standard & Poor's, NEW YORK CITY...
...Safaricom customers. The company has made its buck by thinking small, allowing Kenyans to buy airtime in increments as little as 20 Kenyan shillings - about $0.30. It has found success by focusing on ways that even the simplest mobile phones can change people's lives. Airtime credit can be traded as currency and Safaricom also has a feature, called M-Pesa ("pesa" is Swahili for money) that allows people to use their mobile phones for money transfers...
...Debt is not uncommon in presidential campaigns, and often is carried quietly on a campaign treasurer's books for a few weeks. Creditors go unpaid, staffers can work for free; small costs can even be borne on personal credit cards for a brief period of time. These and other tactics are almost always employed at one time or another by most presidential operations to get through tight spots. But the debts tend to be short-lived and modest, rarely exceeding a few million dollars. While the exact size of Clinton's debt has fluctuated, Democratic party officials say, hers remains...
...Just before the Easter break in mid-March, Barney Frank, head of the House financial services committee, announced a series of initiatives to restructure financial regulation, create a new financial services uber-regulator and stiffen restrictions on Wall Street's complex financial tools for issuing credit and raising capital. His proposals had strong backing in the Democratic caucus, according to Brendan Daly, spokesman for House Speaker Nancy Pelosi. What's more, in what Democrats say is a sign of the changing environment in the wake of the Bear Stearns collapse, the Senate this week will take up a new housing...