Word: servicesal
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Don't expect Delaware to do anything to tamper with this profitable business line. The state's division of corporate services recently boasted it spent just $12 million to earn $700 million - a quarter of the state's annual revenue. That enviable cost-revenue ratio has triggered copycat competitors. It...
Like what? One approach is to lay on a heavy cost of being big. Too-big-to-fail banks should have a capital cost that will make it a disadvantage to compete in the riskiest parts of the financial-services market. I also like President Obama's recent proposal, the...
"The problem is simple in that if you're an individual, a business owner or an entire state and you build your debt level to 70%, 80%, 90% of your revenues, you soon won't be able to pay the interest on your borrowing - much less the principle - and you...
"European economies aren't as big as the U.S., so the debt involved isn't as much, but when levels get too high and financing them just isn't possible anymore, the entire thing will come falling down," says Eric Grémont, co-founder of the Paris-based Politico...
Research by agencies like the Minnesota Department of Corrections has found that a stable home is the strongest guarantor of sound post-incarceration behavior among sex offenders. What's more, Jill Levenson, an expert on sex offenders, says the no-loitering zones are more effective than unreasonable residency restrictions aimed...