Word: crunchingly
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...CASH CRUNCH...
Gilt Groupe’s appeal, in the Harvard community and beyond, seems inextricably linked to the Web site’s 36-hour shopping window. It was this, the idea of a time crunch, that allowed Wilson and Maybank to assess a growing industry, and carve out a niche in a popular market. That model has been expanded to other Gilt Groupe projects, like Gilt Fuse, the Web site’s younger, hipper sister. But enough economics, it’s time for a history lesson...
...lending or underwriting loans. That prudence led to smaller lending losses at B of A than at Citigroup and other rivals. What's more, while other financial firms were verging on broke, Bank of America seemed to have enough capital to play the role of rescuer in the credit crunch...
...saying that any additional payments they have to make to the FDIC above their normal quarterly bill would force them to cut lending. Special assessments have to be recorded as a cost when they are paid to the FDIC, which reduce bank earnings and capital. It was a capital crunch that caused the financial crisis in the first place. (See pictures of the global financial crisis...
...answer is all of the above. As the only Republican on the Finance Committee still in talks with Democrats on a final bill, Snowe now finds herself with extraordinary leverage as crunch time hits for health reform. Snowe could provide the 60th vote that may be needed for Democrats to overcome a GOP filibuster on the Senate floor. All of which means that pretty much anything Snowe wants, she is going to get - and any bill that emerges from this excruciating process will bear her stamp. (See the top 10 players in health-care reform...