Word: sizing
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Then there is the financing issue. The federal government has done a lot to try to keep interest rates low - like buying up mortgaged-backed securities from Fannie Mae and Freddie Mac - but loans over a certain size are often exempt. The rates on "jumbo" loans (generally those that run about $417,000) have historically been about .25 percentage points higher than on regular mortgages. That spread jumped all the way up to 180 basis points last fall, according to data-tracker HSH Associates - but has since settled down to about 100. Still, that's a big added expense. Plus...
...Starting in 2012, we have another $4 billion deficit,” warned State Senator Dan Debicella, a Republican. Any estimate of the deficit's size, however, depends on your expectations. “We are operating on the assumption that in a couple of years the economy will come back,” Handley admited. In that case, legislators will be able to lower taxes. This assumption is reasonable, but risky. Higher taxes will scare businesses from Connecticut, slowing the recovery. And when the economy rebounds, stuffed coffers will tempt legislators to spend even more...
...After the staff reductions conclude, the remaining workforce for fiscal year 2010 should number about 500 employees—a size similar to that in 2005, when the University's endowment was roughly the same size as it is today, following the 30 percent decline projected for the past fiscal year...
Harvard Law School laid off 12 staff members last week as part of its effort to reduce the size of its workforce by about 10 percent, acting Dean Howell E. Jackson announced in an e-mail to the Law School community last Tuesday...
...they debuted their first transistor radio in 1955), made a series of moderately successful portable cassette recorders. But the introduction of pre-recorded music tapes in the late 1960s opened a whole new market. People still chose to listen to vinyl records over cassettes at home, but the compact size of tapes made them more conducive to car stereos and mobility than vinyl or 8-tracks. On July 1, 1979, Sony Corp. introduced the Sony Walkman TPS-L2, a 14 ounce, blue-and-silver, portable cassette player with chunky buttons, headphones and a leather case. It even had a second...