Word: recordability
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...podcaster who lives in Raleigh, N.C., concedes "there's a lot of guys," but she finds a growing number of listeners are women. What ultimately stands out is the work put into the podcast and the effectiveness of an author's marketing work. "It's not a matter of 'record your books, put it on Podiobooks.com and your dreams will come true,'" Terra says. "They have to do their work...
...past few decades, banks have been piling up risk, making more and more loans based on less and less capital. Years of economic growth, shallow recessions and record-low default rates lulled bankers into thinking that the future would resemble the immediate past, at least as far as risk went. Turns out it didn't. All it was going to take was a worse-than-average recession - and it looks as though we've got one - and many banks, including a number of the biggest ones, were bound to fail. The shockingly poor lending standards - housekeepers being approved for million...
...switch to doing more lending through investment-banking operations has only made matters worse. For deposit-based loans, the banks have wide discretion as to when they record a loss. Some do it after a borrower misses his first payment. Other banks wait until the loan is 120 days past due. But for loans made through a firm's investment-banking division, the bank has to reduce the value of those debts according to what similar pools of loans are worth. This is known as mark-to-market accounting. And when investors grow increasingly nervous that borrowers will...
...return to the party's core principles and those who "claim we need to modernize to meet today's reality." Said he: "To my way of thinking, we must do both, and quickly." In the blueprint, Steele clearly borrows key elements of Obama's groundbreaking tactic for generating record levels of donations with innovative social-networking tools. He calls himself a "technology geek," and already posted on the RNC's main website is his "Network for the Future," which features links to Facebook, YouTube, Flickr, Twitter, LinkedIn and blip.tv. At the very least, Steele knows his party needs to play...
...While the Prime Minister's political track record and personal history have clearly garnered the nation's attention, her sexual orientation has raised relatively few eyebrows. Although Icelandic social policy is among the most progressive in the world - with provisions for marriage and adoption rights for same-sex couples - Siguršardóttir maintains a decidedly low public profile with her civil partner of six years Jónína Leósdóttir, a noted journalist and playwright. "Being gay is not an issue in Iceland," explains Frosti Jónsson, chairman of Iceland...