Word: tighter
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Dates: during 2000-2009
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...Chrysler official. The companies can use the freed-up cash to spend on developing and selling better cars to take on Toyota, which this year surpassed GM in sales. But that's in the long run. In the short run, funding the trust could put carmakers in a tighter cash squeeze unless they raise the money by floating stock or issuing debt. "It's not the best time to go out and raise money," says GM CEO Rick Wagoner...
...attack, track the wind direction to guide escaping employees. But 9/11 Commission chairs Tom Kean and Lee Hamilton used the anniversary to remind people that security remains a shield with holes. Most air cargo is still not screened, the high-tech bomb detectors are indefinitely delayed, and Congress demands tighter standards for drivers' licenses but won't fund them. The broadcast industry has until 2009 to turn over the spectrum that rescuers need to beam signals through concrete and steel. Three years ago, Kean and Hamilton observe, their commission noted that the Department of Homeland Security reported to 88 congressional...
Other companies are making similar changes--and don't be surprised to hear about them in this year's holiday advertising. Hasbro has reduced the number of contractors it uses, to keep tighter control of the production process, and it too has increased the number of spot checks. That's good news for the checkers. "Our phones are ringing off the hook," says DeRagon of the STR testing lab, which tracks toys from initial design to batch testing of wet paint to audits of contractors' factories...
...expected to put their homes up for sale in a normal market. The most distressed neighborhoods are seeing foreclosure rates rivaling those produced during the state's oil and gas bust of the 1980s--except these days, there aren't mass layoffs to blame. Just flat house prices and tighter credit standards, which make it harder for homeowners to sell or refinance their way out of trouble...
...Back on Main Street, tighter credit means fewer people getting home mortgages, further depressing the housing market and perpetuating the cycle...