Word: delayer
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Dates: during 2000-2009
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...past been willing to proceed with burials and cremations on the assumption that they will be paid later - receiving up to $1,200 for funerals that usually cost around $1,700. But according to the NAFD, a convergence of financial pressures has forced a growing number of undertakers to delay proceedings until the payment clears, leaving the corpses of some of Britain's most destitute citizens in earthly limbo for weeks at a time...
...Families become very agitated in such situations and we get blamed for the delay," he says. "But what can we do? We aren't a bank, we are not in the business of giving loans...
...Less than 24 hours after unveiling France's $488 billion rescue plan earlier this week, for example, French President Nicolas Sarkozy met with the heads of the nation's top banks to urge them to extend loans to creditworthy business and households "without delay or additional constraints." Sarkozy pointedly reminded bank presidents that freeing up such funds - a basic necessity for business development and economic growth - was one of the main reasons governments around the globe have pledged trillions of dollars in tax payer money to rescue the financial system in the first place...
...called on the audience to employ their skills to help the less fortunate. “We must use the methods that each of us learned at HBS to solve the world’s social problems,” Cohen said. “If we dither and delay in dealing with housing repossession, unemployment, and inflation, then the backlash against capitalism will be serious.” ENTERPRISING NONPROFITSSummit attendees split up in the afternoon to attend interactive classroom sessions on a variety of topics. Business School professors Herman B. “Dutch” Leonard...
...situation is somewhat different - delay is not an option. Accounting standards require financial institutions to routinely write down the value of assets to reflect their actual value. As a result, U.S. banks have booked massive losses, and the government has been forced to aggressively engineer ad hoc bailouts and mergers...