Word: investive
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...result of companies drawing down existing credit lines - agreements banks had made in better times and now couldn't renegotiate. In fact, there was plenty of anecdotal evidence in the business press to suggest that was exactly what was happening, that companies were locking in funding not to invest, but to hoard cash for worse times ahead. It wouldn't be hard to imagine regular people doing the same thing with home equity lines of credit. When it came to lending between banks and the commercial paper market, the economists pointed to a shift toward shorter-term lending. Even...
...better or worse, our decision to invest was based on our faith in him, not unlike the way one puts trust in any stockbroker or financial adviser, but more so. If Stanley's running things, we'll go with it. This trust, the history of success, made it as good, if not better than any investment out there. Had we-and the many other devastated investors I've talked to over the last week-heard the name Madoff perhaps we would have checked him out, seen some of the red-flags, and maybe made a different decision...
TIME: For people willing to invest, is it better to be in growth funds or value funds...
...India's iconic hotels, the Taj and the Oberoi, where terrorists shot and killed guests indiscriminately and held hundreds hostage for nearly 60 hours. This has proved a deadly blow to an industry already wounded by the worldwide economic downturn. Big hotels across the country have had to invest in beefed-up security, including metal detectors and baggage scanners, and Ratan Tata, chairperson of Tata Sons which owns the Taj group of hotels, has announced that the group will undertake its own anti-terror and security arrangements. But, as P.R.S. Oberoi, chairperson of The Oberoi Group, pointed...
...hillsides so that it wouldn't displace food crops. "You can get that stuff 25 feet high - and you don't need as much land or fertilizer or energy to grow it," Vilsack told me. "If we want to save the rain forest, we're going to have to invest in these advanced biofuels...