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...that sort of involuntary lending mean that other potential borrowers were getting crowded out? In a rebuttal to the Scharfstein paper, Chari and his co-authors wrote that they hadn't seen any data showing that banks weren't lending to credit-worthy companies asking for loans simply because certain firms were tapping pre-existing credit lines. "The argument is if you're a new customer walking into a bank, it's impossible for you to get a loan," says Chari. "That story may be true, but there's no convincing evidence that's what's going...
...modern manlings in the east wing? I have a theory, born of careful historical analysis and solipsism: It's impossible to be elected to the White House if you have young sons, because that would mean you have to campaign with them...
...little more thoughtful in our giving, and I think that will carry over to receiving too," he says. "Personally, I would love to think that this decrease in spending before Christmas leads to less excess waste that we need to get rid of afterward. It would mean we're achieving our mission completely...
...that could soon change as the economics turn dark for the energy sector. High prices bankroll high-cost production and fund technology improvements that make hard-to-reach minerals accessible, while low prices mean wells with high production costs are shut in. The threshold price for oil-operations expansion is around $50 a barrel, according to Combs. "This constant roller coaster [in prices] is something the industry is really getting sick of," Ingham says. (Read "Web-Savvy Homeowners vs. Landmen...
...Asked about what the loss of Holdren would mean for the Kennedy School, Lee said that when a faculty member is named the chief science adviser in the United States, it is hard to see it as a loss...