Word: subs
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...Coop overcharges us for textbooks. Yes, the Core curriculum sucks. Our phone service is sub-optimal, sometimes our rooms are a little cramped, the advising system is generally inadequate, we cannot get cable hookups in our dorm rooms, the shuttles do not always run on time, our libraries are not open late enough and we have exams after winter break...
...Apollonian: lots of tuxedos, not much excitement. The program lacked a major, wellbeloved anchor work; the closest thing to a classical Top 40 hit was Beethoven's Leonore No. 3 Overture, which is popular but too short to build a concert around. It was followed by the distinctly sub-average Triple Concerto of Beethoven, and the interesting but comparatively obscure Symphony No. 1 of Shostakovich. In a word, this concert was not going to make any converts to Classical Music...
Following Dartmouth in the league is Yale. While the Elis have posted a winning overall record, their sub-standard Ivy league performance puts them below the .500 mark...
Once customers are in the door, the successful sub-prime lender keeps them on a tight leash. Within days of missing a payment, the delinquent is contacted to work out a new repayment schedule. If that doesn't work, repossession of car, house or other collateral often follows quickly. And when loans do go bad--in some parts of the industry, losses run 10% or higher even during good times--in-house or outside collection agencies and networks of "repo men" may be called in. Independent bill collectors alone employ an army of 65,000 people, who deploy everything from...
...sub-prime continues, it will attract enough new competitors to act as a brake on interest charges. By that time, however, Green Tree's Coss won't be making $100 million. Shareholders recently voted to calculate Coss's pay using a new formula. If the company's performance continues at its current level, that would limit his salary and bonus to the $7 million range. Even at that, he seems like a good credit risk...