Word: lending
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...have to pay a tenth of a percent in extra interest because they are increasingly likely to default. Congress uses perverse mathematics that no one else has to make certain that banks will write down more money on credit card losses. This gives the government the opportunity to lend the banks more out of the TARP fund...
Cosby’s presence in Kirkland House on Monday remains a mystery, but in interviews with The Crimson yesterday, those who shared a floor with Cosby and his mother shed some light on the victim himself, painting a picture of a boy always willing to lend a hand, often offering to help his neighbors carry the groceries...
...latest victim came forward on Tuesday: small-business credit-card issuer Advanta said it would shut down all of its cardholders' accounts after billowing losses threatened its viability. And yet elsewhere the credit markets seemed downright rosy. The TED spread - a gauge of how willing banks are to lend to each other - hit its lowest point since the beginning of the credit crisis in the summer of 2007, and companies, including Microsoft and Wal-Mart sold a relatively sizeable $32.6 billion of debt to investors...
Pitino has said the Boston experience got the wanderlust out of his system and that Louisville is where he wants to finish his career. But the bizarre extortion case seems to lend plausibility to the notion that he might want to go to a place where his personal business isn't such a hot topic. If not Sacramento, perhaps Philadelphia, which has a brand new opening that an East Coaster like Pitino might find more appealing. "Coach is a fighter," U. of L. sports information director Kenny Klein told TIME, "and he's proven that throughout his career. We have...
...another reason to be concerned about the trip is that one of its main purposes - to lend moral support to the diminishing number of Christians in the region - just isn't going to work. (See the five things the Pope must do on his Mideast trip...