Word: seemly
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...accounting trick save the Federal Deposit Insurance Corp.? That's what FDIC chief Sheila Bair and Co. seem to be hoping...
...that has to be balanced with the danger of runaway costs, which seem almost guaranteed when it comes to the Olympics. Brad Humphreys, professor of the Economics of Gaming at the University of Alberta, keeps count on Olympic budgets. His tally is a tale of excess: Athens budgeted $1.6 billion for the 2004 Games but wound up spending $16 billion. Four years later, Beijing budgeted the same amount, $1.6 billion, for the 2008 Summer Games yet spent an enormous $40 billion. London originally planned to spend $8 billion for the 2012 Games; the current estimate is $19 billion and rising...
...than able to cover it. Cash flow is not their problem. Capital is. And because the prepayments won't hit earnings, at least not initially, those capital ratios we have been worried about to show if banks are solvent won't change. Banks, all too familiar with accounting tricks, seem overjoyed by the FDIC's solution...
...students at our favorite Medford safety school seem to have had some trouble accepting and adhering to this age-old social decree—prompting administrators to lay down some intimacy rules...
...Even just small expenses like $15 one-way bus tickets, which might seem insignificant to other people, is really important to the financial sustainability of student organizations,” Chan said...