Word: flowing
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...Washington this afternoon and issued what they called a plan of action, although it was a curiously action-free plan. In fact, the document they produced was only an opaque statement of principles, devoid of action. "We commit to continue working together to stabilize financial markets and restore the flow of credit, to support global economic growth," the statement said. No specifics were mentioned. They may be, over the weekend, away from the glare of global stock markets...
...Staff writer Christian B. Flow can be reached at cflow@fas.harvard.edu...
...biggest employer in the area, with 50,000 workers. It's an exporter in its own right: UPMC runs hospitals in Ireland, Italy and Qatar. It exports knowledge, not metal. UPMC's operating revenue has been growing at 12% annually for the past five years, generating cash-flow earnings in excess of $500 million annually and enabling UPMC to reinvest a like amount. "We believed, even before this dramatic recession, that UPMC could not continue to support its growth living off Medicare and insurance revenues," he says...
...We’re focused on the idea of knitting the grid back together and allowing the residential character to flow through the neighborhood,” Cecil said...
...Treasury's willingness to eat up toxic mortgage-backed assets stuck on bank balance sheets could help temporarily improve those banks' standing, but there's no certainty it will adequately ease the flow of lending in a market permeated by fear of further failures. In fact, the Federal Reserve's move Tuesday to take an active role in the commercial paper market for short-term loans was a tacit acknowledgement that the bailout bill will not on its own stem the bleeding...