Word: tiered
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Dates: during 2000-2009
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...some good kick on the skis,” McCahill said. “It was great for [Torin] to be able to get experience in a top tier event...
...FICO scores - a popular measure of a borrower's creditworthiness. In January, 18.58% of loans associated with a FICO score below 688 were delinquent by one measure - a large number, but just half a percent more than in December. By contrast, the number of delinquent loans in the top tier (752 or higher), jumped by nearly 7% in January. The overall percentage of problem loans remained small by comparison - the delinquency rate rose from 1.45% to 1.55% - but the quickening pace of homeowners falling behind on their payments signifies more trouble ahead. "Those are tomorrow's foreclosures," says Ted Jadlos...
...aggressively trimmed expenses. Like many companies, teams have turned to layoffs: 600 to 800 workers from Sprint Cup teams have been let go since the end of last season. "It has served to cull the flock," says Steve Kalik, a team manager for Specialty Racing in NASCAR's second-tier Nationwide series. NASCAR also banned testing prior to Daytona and during the season, essentially R&D time for the cars at its sanctioned tracks for the 2009 season. France estimates the ban will save teams $30 million. (See pictures of custom big rigs...
...adapt." Bradsdeals.com, an aggregator of retail deals on the Web, features a $48 bead necklace from online jeweler Blue Nile. "I've followed Blue Nile for a long time," says site founder Brad Wilson, who started bradsdeals.com eight years ago. "I hadn't been aware they had a price tier that low." (See 10 things to do in New York City...
...second-tier companies that want government money, there's a golden-parachute limit of a year's compensation. The $500,000 pay and restricted-stock limits still apply, but shareholders (not a friendly constituency these days) can waive them in a nonbinding advisory vote, and management can act accordingly. (Read "Why Your Bank Is Broke...