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...European Central Bank show that despite the stimulus packages and bailouts across Europe, the region's banks still are not lending money. The volume of lending to the private sector in the eurozone, the 16 countries that use the common European currency, dropped 0.1% in February from the month before and lending to businesses also slipped 0.1%, the ECB reported...
...TIME's article on foreclosure was heartbreaking. How is it that some people pay more to pamper their dogs than other people pay for their mortgage? Also, how does one pay $800 a month for health insurance yet still owe $15,000 in medical bills? I think this story uncovers another part of the financial industry that has contributed to the economic meltdown. Thank God we finally have a President who gets it. Bonnie Huggins, Centennial, Colo...
...commissioner Tonya Antonucci has promised to keep costs in check. WPS players will earn an average of $32,000 for a seven-month contract, which frees the players to suit up overseas, or hold down another job, in the off-season to supplement their income. The average salary of WUSA players was around $40,000 a year; stars like Mia Hamm were paid as much...
Foolishly Good Deal. San Francisco's two LEED-certified Orchard Hotels are offering rooms for a dollar starting April Fool's Day, for the entire month. You won't find this offer mentioned on the hotels' website, but if you hit the site at 10 a.m. on April 1 and type in the promotional code "Fool!" you can score one of the two $1 rooms offered each night in April. Once the 60 allotted rooms are sold out, the offer will be closed. Additional nights begin at $159. 466 Bush Street (Orchard Garden Hotel) or 665 Bush Street (Orchard Hotel...
...fair, Safi has only been in his post for a month and acknowledges that there were "a lot of things out of order" regarding his office's handling of NGOs, including the physical and bureaucratic challenges associated with registering an organization. There is, for example, one telephone number on his directorate's website (and it's out of service). Up until a few weeks ago, there was no internet connection in his offices even though the directorate's website encourages e-mail inquiries...