Word: fiscal
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Since then, the company's finances have improved marginally. The record division made nearly $250 million in underlying profit in the fiscal year 2009, while the company's music-publishing arm, which oversees songwriters, generated $208 million. Both profits, though, were wiped out by massive write-downs, which created a largely paper loss of $2.4 billion. "With that level of debt in the business, the reality is that EMI is now almost worthless," says Simon Dyson, editor of the London-based industry newsletter Music & Copyright. (See the 100 best albums of all time...
...HUCTW) released an open letter to its members and the Harvard community on the afternoon of Friday, Feb. 5, criticizing the University and the Deans for not being specific in their communications about the current budget crisis and for not seeming to have a universal plan to deal with fiscal concerns...
Princeton Economics Professor and Nobel Laureate Paul R. Krugman compared the Obama administration’s fiscal policies to the government’s policies during the Great Depression in a speech at MIT on Friday, predicting a prolonged recession with high unemployment for years to come...
...extent that there was fiscal policy, it was halfhearted, it was pulled back,” he said of the government’s policies in the 1930s. “There was the famous mistake of 1937, when FDR was convinced that the recovery was solid and no longer needed all that support from the government...
...object of all of that attention was Fiorina's fiercely negative message: that Campbell, the front runner in the polls for the GOP nomination, was not a true fiscal conservative. Rather, he was a wolf in sheep's clothing, a "fiscal conservative in name only." The Campbell campaign responded by deploying its new-media consultant, Mindy Finn, on Twitter to try to direct the viral buzz. "If the GOP has any hope of taking back the senate it won't be by accusing each other of being #demonsheep," she wrote in one post, having already rated the spot a "marketing...