Word: financees
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A future change in the limits is little consolation for Northern Rock now. Although the bank runs have stopped, it still faces formidable challenges. The credit crunch and dry interbank lending market will make it more difficult for Northern Rock to finance new mortgages at competitive rates. And with its...
Nikhil Bahel, a Goldman vice president who arrived from the bank's New York City headquarters in May 2006, says he came to India "to chase the most entrepreneurial opportunity the bank has going on right now." Sandeep Patel, head of corporate finance, hoped to be part of "something historic...
That confidence may come in handy in the next few months. The U.S.'s subprime woes will have little effect on Indian investors, who have largely avoided leveraged buyouts, unlike their U.S. counterparts, who have been relying on the now shaky credit markets to finance those deals. But if global...
Defense Ministry officials, denying any change in policy, now say that the original objection had less to do with the personal beliefs of Mr. Cruise than with fears that the filming would somehow damage the site, as on-location shooting for another film did three years ago. The change followed...
Even so, the project remains sensitive in Germany. When thousands of brown-shirted extras marched underneath giant swastikas at a parade ground in a western corner of Berlin, for example, a passerby filed an official complaint with the city for illegal display of Nazi propaganda. "What are the tourists going...