Word: loaning
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...shows up next time," said McLay. Those who do show up in Shimonoseki will find themselves in a port famous for fugu, the poisonous Japanese blowfish that can be fatal if not prepared properly. Another highlight, in the new marine science museum, is an exhibit on loan from Norway - the 24-m skeleton of a blue whale...
...This Monday, Gamba Osaka's star midfielder Junichi Inamoto, 21, will join English Premier League giants Arsenal in a five-year deal worth a reported $3 million. Last week, Bolton Wanderers, another Premier League side, took Cerezo Osaka's Akinori Nishizawa, 25, on a 10-month loan. Across the North Sea, Urawa Reds midfielder Shinji Ono, 21, signed a reported $4 million deal with first division Dutch side Feyenoord. In Italy, A.C. Parma paid league champions A.S. Roma a cool $26 million for the services of superstar Hidetoshi Nakata; the 24-year-old playmaker, now firmly established in Italian football...
...books, but electronic content like E-Books, that has publishers worried. Libraries, like the rest of us, have long been governed under the "First Sale" doctrine, which basically allows the purchaser of a book free rein - you can sell it, loan it out, or use it as kindling. But you can't make multiple copies for distribution. And as digital publishing becomes more common, the duplication of content keeps getting easier and more practical. Instead of standing at the photocopier for hours to make an illicit copy of a John Grisham novel, you can in theory now just copy...
...Confusing your 401(k) plan with a piggy bank. For big-ticket items like a home, many boomers are dipping into the largest pot they have. But if you quit or lose your job, you have to pay back the whole loan amount quickly or you will owe taxes on the money, plus a 10% penalty if you're under age 59 1/2. Another trap: cashing out when you change jobs. Sure, you will start another 401(k), but you've lost momentum from compounding interest. Solution: Don't dip. You will need at least 70% of your preretirement income...
...biggest shock would come in the form of unemployment. Calling in those loans would force the loan-takers to sell off assets, resulting in many cases in bankruptcy. Already, bankruptcies are at a record high. In the 12 months through June 19, 194 companies went belly-up according to bankruptcy trackers Teikoku Databank. Among those were national institutions like the Sogo chain of department stores and giant insurance company Tokyo Mutual Life...