Word: problem
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...Nadler who represents small apparel firms - many of which have borrowed money from CIT. Haroutunian says he has gotten calls this week from more than 40 of his clients who are nervous about what a CIT bankruptcy would do to their business. "It's going to be a tremendous problem...
...they could be cut off from credit. That could cause more layoffs and further delay an economic recovery. Massachusetts Representative Barney Frank, a Democrat who heads the House Committee on Financial Services, said he has heard from a lot of people who say it will be a big problem for the economy, small businesses in particular, if CIT fails...
...Surveys show that, despite concerns, most small businesses say that the access to credit has not been a problem for them in the financial crisis," says economist Edward Yardeni. "Now it will...
...pupils, based on the National Assessment of Educational Progress. The NAEP (pronounced nape) is a federal standardized test - known as "the nation's report card" - administered to fourth- and eighth-grade public-school students in reading and math. The state-by-state results show clear evidence of a continued problem: black students trail their white classmates in every state. But the report also offers some encouraging signs: overall scores have risen, and racial disparities are gradually shrinking in most areas, especially among younger students. Curiously, the South - the region traditionally hit hardest by the achievement gap - has been faring relatively...
...problem: The report is not good news for Wisconsin. Excluding the District of Columbia, the Badger State had the nation's largest achievement gap in three of four areas: fourth- and eighth-grade reading as well as fourth-grade math. As in many Northern and Midwestern states, Wisconsin's white students generally perform well, providing a stark contrast to its underperforming minorities. Conversely, the small achievement gap in places like West Virginia (with a racial divide of just 13 points in fourth-grade reading) can prove a mixed blessing, as it often indicates that white students are missing the mark...