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There's another pitfall: a lock-in can be canceled if the loan processing isn't completed by the time the agreement expires. Unanticipated delays can crop up in a number of ways. For example, applicants may be slow to produce all required documents. "If you have bad credit or bad records, it's not the bank's fault," says Fresella. Sometimes, though, it is the bank's fault. Lenders bogged down with application backlogs may not be able to process paperwork quickly. Under those circumstances, lenders may offer to extend the deadline as long as 30 days. In some...

Author: /time Magazine | Title: Money: Locked In...or Out? | 8/25/2003 | See Source »

...past half-century, not much. Ever since the McDonald brothers perfected a method for deep-frying julienned potatoes and an Idaho researcher figured out how to freeze and refry the potatoes for mass consumption, fast-food chains, where some 40% of the U.S. potato crop ends up, have been serving the same basic burger accoutrement. After health concerns about the high fat content of fries were raised more than a decade ago, McDonald's switched in 1990 from a blend of beef tallow and cottonseed oil to pure vegetable oil in its deep fryers. Now McDonald's and the others...

Author: /time Magazine | Title: Taking the Deep Fat Out of the French Fry | 8/18/2003 | See Source »

...underground pipeline to move cash, guns and fugitives across borders. "I'm positive that the Taliban are heavily involved in drug trafficking," says Wais Yasini, counter-narcotics adviser to Afghan President Hamid Karzai. "How else do you account for the source of their money?" This year, after a bumper crop of opium poppies, say U.N. officials, Afghanistan became the world's largest heroin producer, with an estimated $1.2 billion in profits...

Author: /time Magazine | Title: Drugs? What Drugs? | 8/18/2003 | See Source »

...Percentage of the U.S. potato crop that is bought by McDonald...

Author: /time Magazine | Title: Numbers: Aug. 18, 2003 | 8/18/2003 | See Source »

...problem is not simply caused by weak regulation in North America: the British government has also acknowledged the danger. In December last year the National Institute for Agricultural Botany declared that no GM canola could be grown in England without contaminating the entire British crop, including the fields producing organic or non-GM produce. In addition, the British government asserted that natural canola could not be grown for at least a year on a field where engineered canola had been grown previously due to the contamination from residual genetically engineered canola seeds...

Author: By Nicholas F. Josefowitz, | Title: The Unknown Plague | 8/15/2003 | See Source »

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