Word: primed
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...Retail and food experts say that worry over the high cost of prime meat cuts and the economic downturn have more shoppers checking out supermarket offal offerings. But the return to eating innards was under way even before this year's financial crisis, as celebrity chefs and restaurateurs have encouraged a return to cooking organs such as liver and kidneys, which once enjoyed a central place in British cooking. (See how farmers around the world prepare their crops for harvest...
...keep rates artificially high, Andrews says, as one flailing competitor after another - IndyMac, Washington Mutual, Downey Savings & Loan - has pushed up rates in an attempt to attract deposits and stave off insolvency. "It's frustrating riding into work and hearing about [deposit rates] at 4%," says Andrews. "That's prime rate - there is no margin...
...money and lending it out but are instead holding on to it to buttress their balance sheets. Since consumers and businesses are so starved for credit, the banks that do want to lend the money forward are finding some ability to charge rates at a greater premium to prime, says Koch, but that doesn't necessarily make up the entire gap. Banks in general are still spooked by loans gone bad and nervous about lending to individuals and businesses without top-tier credit scores...
...letter to Giorgopoulos' family, Greek Prime Minister Costas Karamanlis expressed his condolences and assured them that such a tragedy "won't be repeated". Interior Minister Prokopis Pavlopoulos had earlier submitted his resignation, but Karamanlis has refused to accept it, as the fragile center-right government tries to avoid collapse under the weight of the riots. (See pictures of Greece ravaged by forest fires...
...Political consultant Panagiotis Papachatzis says that this week's riots will further weaken Prime Minister Karamanlis. "Citizens feel there is a lack of decisive action by the government against all forms of violence - both police-induced and anarchist," says Papachatzis. "The social discontent of the past few days has placed itself [ahead] of the financial crisis...