Word: crunches
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Dates: during 1990-1999
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Meanwhile, bankers laden with bad credit have remained reluctant to make new loans. That has helped perpetuate a credit crunch that began last year when bank regulators tightened loan standards to avoid a repeat of the savings and loan fiasco. Even the Fed's lowering of interest rates in recent months has scarcely encouraged bank lending to pick up. Asserts Hugh Johnson, chief economist for First Albany, a securities firm: "More than at any time in the past, banks are dragging their feet...
Even as Rosovsky tried to expand the Faculty's roster, he had to trim in other areas as a result of a budget crunch that gripped FAS and the entire University. This fall Rosovsky was faced with the unpleasant task of cutting 6 percent from departmental budgets...
Even as Rosovsky tried to expand the Faculty's roster, he had to trim in other areas as a result of a budget crunch that gripped FAS and the entire University. This fall Rosovsky was faced with the unpleasant task of cutting 6 percent from departmental budgets...
...budget crunch has arrived, and it's going to get worse before it gets better...
...President Bush's recent proposal to limit federal funding for financial aid could only increase the money crunch...