Word: turnaround
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...turning the run-of-the-mill tax credit into a bonanza this recovery is the huge amount that corporate America has lost in the past two years. Also, stimulus spending has turned around the economy and corporate profits faster than normal for a particularly deep recession. The speedy turnaround in corporate profits, which are expected to soar 60% in the fourth quarter, is raising the value of the tax credits because they can be quickly cashed in. What's more, Congress is close to passing a bill that would make it even easier than usual for companies to turn recent...
Normally, it can take years for companies to cash in these tax credits, and when they do their value may be greatly diminished if inflation has reared up. But the stimulus is producing a sharp turnaround in the economy, allowing companies to cash in their credits sooner than usual. What's more, continued low inflation is allowing the credits to retain their value. (See the top 10 tax dodgers...
...polled expect Wall Street to return to dangerous activities. Americans clearly want action: some 62% believe financial regulations need to be tougher, and 67% want the government to force pay cuts on top executives at Wall Street firms that received government bailout money. It's a bit of a turnaround for a country that has been leaning toward the less-regulation-is-better model of government. Yet most people are still wary of giving Washington too much say in running businesses. The majority, 57%, don't want government interfering with free enterprise. At least until it runs off the rails...
...Quick Turnaround "The Champagne loses its fizz the longer you wait," says Gaydos. "Sony wants to get this thing out while people are still talking about it, while it's still a phenomenon. It will only diminish." Although the frenzy over Jackson's death has abated, there was a clear mandate to honor - some might say tap into - the international outpouring of grief. "It's not about exploiting," Ortega says. "Every corner of this planet, people were reaching out saying, 'Show us something.' " Ortega was originally asked to edit the 120 hours of mixed rehearsal film for a release around...
...appreciated the turnaround time of the announcement on housing, and I was very impressed that they were able to award such a high percentage of students housing,” said UC President Andrea R. Flores...