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...true that credit standards for business lending haven't tightened, as illustrated by the Federal Reserve's monthly loan-officer survey. And as Fed governor Elizabeth Duke pointed out in a speech on Feb. 26, those tougher standards could be having a disproportionate effect on small businesses. "Credit conditions may be particularly tight for small businesses because their finances are, in many instances, very closely intertwined with the personal finances of their owners," she said. For example, the owner of a small business who also owns a house may see a lower home price weigh down the creditworthiness...

Author: /time Magazine | Title: Banks and Small Business: The Crunch Is Still Ahead | 3/22/2010 | See Source »

...people cashing in on the YouTube effect...

Author: /time Magazine | Title: Working for Demand Media: The Web's Biggest, Scariest Content Machine | 3/22/2010 | See Source »

...recent report ... has the aviation alarmists in an uproar ... Unprofessional conduct by the controllers involved? Yes. Any effect on the safety of flight? No ... The boy was clearly saying what he was told to say ... There are enough real issues regarding aviation safety without having to manufacture phantom issues. The pilots on the receiving end clearly had no concerns. No one else should either." --3/3/10...

Author: /time Magazine | Title: Verbatim | 3/22/2010 | See Source »

...recent months, the Corporation appears to have taken steps in that direction, though it remains unclear, one Overseer says, what effect the Corporation’s interactions with the Overseers have on its decision making...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: Harvard Corporation Launches Review | 3/22/2010 | See Source »

Meanwhile, the negative economic ripple effect of cuts to the Los Angeles civil courts could result in a nearly $30 billion hit to the local economy over the next four years, according to a study commissioned by the Los Angeles Superior Court. According to the study, the legal services industry would take an estimated $13 billion loss and businesses operating in uncertainty, because of pending civil disputes, would accumulate another $15 billion in potential losses. The decline in economic activity would then result in an additional $1.6 billion in losses...

Author: /time Magazine | Title: And Justice for Some: L.A.'s Shrinking Court System | 3/21/2010 | See Source »

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