Word: profiteer
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...need of some help itself. On Monday, Japan's largest bank said that it needs to raise $10.7 billion in capital and will be selling common and preferred shares. It was negative news following negative news. Less than one week ago, Mitsubishi UFJ downgraded its net profit for the first half of the year to about half of what it was last year at this time. Japan's Nikkei index closed at its lowest level in 26 years...
...Tokyo, where the Nikkei was down 7% to its lowest level in more than five years, electronics giant Sony slashed its 2008 profit forecast by half. In South Korea, where officials said GDP growth is at a two-year low, Samsung reported a 44% earnings drop. That helped drag down the Kospi index by 9%, bringing the total loss for the week to 17%, the South Korea market's worst showing since 1997. "It seems that in the last two weeks, it has dawned on investors in Asia that no one is immune from the slowdown that is to come...
...deliberate, a surprise guitar lick or nice chord progression on the piano keeps things from getting too dull. The sound is thoroughly Californian, and lo and behold, Dennen hails from Oakdale, Calif. To his credit, he has done extensive work with The Mosaic Project, a San Francisco-based non-profit that educates children on diversity. He even made an album of music-related curriculum—“Children’s Songs for Peace and a Better World”—for them. And given his seven-year-old’s mentality, it?...
Alina Salganicoff, vice president and director of women’s health policy for the non-profit Kaiser Family Foundation, started the discussion by citing the statistic that 18 percent of women in America are uninsured. She attributed this number to women’s role as caregivers or part-time workers rather than breadwinners in their family, resulting in their inability to purchase health care policies of their...
...States like California, Indiana and New Jersey have banned political robo-calling outright, but such laws are routinely flouted - not only because few agencies enforce the rules but because voters are often unaware that their rights are being violated. Indiana's Attornery General unsuccessfully sued a Democratic non-profit group, American Family Voices, for launching a series of robo-calls against then-Rep. Mike Sodrel. Though the state's supreme court heard his appeal in June, it still hasn't issued its ruling...