Word: money
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Bank analyst John McDonald of Wall Street firm Bernstein Research says most people are focused on how the lack of loans will hurt bank earnings. Lending is, after all, how banks make money. But in the past year or so, banks have had to sock away more and more cash into their reserves to account for their growing number of bad loans. That's caused earnings to plummet. With loans falling, reserve ratios - the measure of reserves to loans - are growing. That means banks will be able to divert less profit into those rainy-day accounts, which should boost bottom...
...provides information about what people of the same age and gender typically drink. "I'm not sure if the same parts are helpful to different people," says Cunningham. "For some, it's population norms: 'Wow, I drink more than 95% [of people] my age or sex.' The amount of money they are spending could be important to someone else." In addition, the program provides colorful charts and graphs as well as information about the effects of various amounts of alcohol on different parts of the body. (See the top 10 bad beverage ideas...
...assisted living units, according to Stevenson: capacity and efficient use of state funds. Residents of rural or lower income areas may face difficulty accessing assisted living units and be forced to relocate, and since nursing homes are generally more expensive for the state, this may mean that more money is used to pay for individuals living in nursing homes who could be better—and more inexpensively—served in assisted living facilities...
...then age 59 and, like her husband, a well-known politician in Northern Ireland - had obtained $80,000 from two property developers for a 19-year-old man, Kirk McCambley, with whom she had been having an affair. According to the report, the teenager allegedly used most of the money to set up the café but saved $8,000 to give back to his lover, the appropriately named Mrs. Robinson. (See the top 10 scandals...
...Although Iris Robinson had already indicated her intention to quit politics before the Spotlight show aired, she now faces calls to resign immediately. As for her husband's political future, much depends on how much Peter knew of the money his wife is alleged to have obtained for her lover. The majority of the BBC's evidence came from Selwyn Black, a former political adviser to Iris, who produced several text messages sent by his employer referring to the business deal and her husband. Black also claims that, during phone calls with Iris, he overheard Peter allegedly advising his wife...