Word: lowing
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...says that some small businesses have also been harmed by their investment in so-called "mini-bonds," complicated structured financial products marketed throughout the world by now-failed Lehman Brothers. Hong Kong banks allegedly sold investors the mini-bonds as a relatively low-risk alternative to fixed-income investments. When Lehman Brothers collapsed in mid-September, the derivatives lost much of their value. Companies that invested their deposits in them now find themselves unable to cover the difference, Lau says...
...says his company, which makes coats for export, is in solid financial shape and will likely fare better than low-cost competitors. But securing credit remains a major problem for Hong Kong's small business community. "Right now we're facing trouble," he says. "The banks are advising us that they may have to tighten our credit. They're giving letters to warn us they may cut our credit in the future...
...tension, with unresolved harmonies longing for fulfillment. Under Hangen’s direction, the orchestra members seemed to be more attentive to note quality and phrasing, and, for the first time that afternoon, a rich orchestral sound filled Sanders Theatre. With her long blond hair pulled back into a low bun, Harmer rose as the winds echoed the hushed music of the prelude before Isolde’s song. Her clear voice easily soared over the orchestra’s accompaniment. Rich and full in sound, each individual note seemed to weigh down the phrases, pushing against the natural flow...
...Equity Project makes a strong stand for challenging accepted methods of pedagogy and developing innovative ways to teach some of America’s most at-risk students. In addition, The Equity Project presents a model for higher, more effectively structured teacher salaries. In contrast to the appallingly low pay offered at most schools across the country, The Equity Project’s substantial salaries will attract better candidates to the teaching profession, allowing it to acquire the prestige it deserves. The Equity Project also makes use of performance-based bonuses, which represent an essential means to incentivize good teaching...
...biographers say, helped shape their son's political views. Haider also inherited a $16 million mountain estate in Carinthia with a controversial past: his great uncle had purchased it from an Italian Jew forced to flee Austria in 1940. Critics said that the price of the land was artificially low because its owner had been forced to sell, a view Haider disputed...