Word: havener
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...just released State of Green Business report, whatever progress is currently being made may not be "addressing planetary problems at sufficient scale and speed." Regardless, he says, the green momentum is still growing, not so much because businesses such as solar power or recycling have become financial titans (they haven't), but because green values - efficiency, reducing waste, managing carbon - have increasingly become standard practice for any smart business. "It's really becoming business as usual," says Makower. "These are practices that don't go away during a recession." (Listen to Makower talk about the state of green business...
...financial milestone was achieved on October 27, 2004 with the birth of Strata 2004-8. If you haven't made arrangements for the five-year anniversary this fall, don't worry. Few people will be celebrating...
...when the FBI reopened their investigation in early February, the focus shifted back to Lewis. His Cambridge, Mass. office was searched as well as a storage unit he had rented nearby. The FBI has been tightlipped about the reason for the search and haven't named Lewis in conjunction with the reopened investigation. Police still have some of the tainted Tylenol capsules from the original killings and are hopeful some DNA can be recovered from the pills for testing...
...reason servicers haven't more wholeheartedly adopted bolder tactics is lingering concern over getting sued by investors who are ultimately entitled to the loan payments through mortgage-related securities. Servicers are contractually bound to act in the interest of investors overall, but they might still not rewrite loans, even when that creates the most value in the aggregate, since modifications can impact certain investors more than others - and it only takes one to sue. That's why on Feb. 4. the House Financial Services committee met to talk about making a law to shield servicers from such lawsuits...
...haven't seen the end of it yet. A survey of some 400 personnel departments by the Society for Human Resource Management found that 21% of respondents figure they'll make further cuts before the end of March. Job losses at large companies are expected to be the worst, with 34% of companies with more than 500 employees planning layoffs. Of the firms paring workforce, 56% say they'll let go of managers and professionals, 43% plan to cut hourly service workers, 27% will lay off skilled laborers and 12% anticipate trimming senior executives. (See who's to blame...