Word: minis
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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...
...economic crisis tightens the screws on the city, both individual investors and Hong Kong businesses are appealing to the government for help. Pensioners who invested in Lehman mini-bonds have staged a series of protests during the last three weeks. And on Sunday, a group of business owners, organized by Hong Kong's pro-business Liberal Party, appealed to the government to increase loans for small businesses to cover short-term operational costs. "In Korea, Japan, even Singapore, they have lots of support from the government if you're running a new business. They'll back you up," says...
...often traced his turbo-charged sexuality to this repressive upbringing. As a child he was a loner, refusing to answer the telephone or make short trips by himself. Though an indifferent student, he flashed a glimpse of his entrepreneurial spirit early on by writing, illustrating and selling mini-newspapers and magazines at school and in his neighborhood...
...street were broken into also. The victim, who is a tutor in Pforzheimer House, also sent an e-mail to House residents informing them of the break ins. According to a second report, an unknown individual smashed the driver’s-side window of a 2007 red Mini Cooper parked near the intersection of Garden and Walker Streets Tuesday afternoon. A GPS device mounted on the console of the vehicle was stolen. Police withheld the name of the victim, a 26-year-old white male who resides in Scituate, R.I., and did not specify whether he is a Harvard...
...beauty-parlor assistants. This is the India in the dawn - whom economic growth has touched just enough to raise aspirations without providing avenues to fulfill those aspirations. "I believe the single most important factor here will be education," says Iyer, "And who knows, Teach India might just start a mini-revolution...