Word: unlessness
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...industry will hit a post-bankruptcy tipping point around Labor Day. Chrysler will be several months into its Chapter 11, and, unless there is a miracle like one seen at Lourdes, GM will be in court within two or three weeks. It will appear to the public that the car industry is burning to the ground. Desperate dealers offering prices that defy logic will only heighten the sense that the American car business is just hanging on to the ledge...
...good times and bad, bank regulators are supposed to be probing financial firms to see if they hold adequate capital for the loans they make. And the Federal Reserve does publish data about the banks and their capital four times a year. But unless you are a bank examiner or some other industry insider, those so-called call reports are nearly impossible to read and understand...
...already signed an agreement to lease and purchase another piece of property near its Science Complex construction site. According to University spokeswoman Lauren M. Marshall, Harvard will be master leasing the property at 65-79 Seattle St. in Brighton for 10 years, after which Harvard will purchase the parcel unless the owner elects to sell it to the University sooner. She declined to comment on the costs of the lease agreement and said that she did not have figures on hand for the precise total square footage of the lot, but emphasized that no deeds had been conferred at this...
...changes would be more heavy-handed. Those phone-payment fees would be prohibited outright (unless a customer asks for expedited service, a genuine additional cost which the card company would be allowed to pass along). It could also be substantially harder to market or sell credit cards to young people (those under either...
While some teams have cheered the idea, others have blown a gasket. Ferrari, the sport's oldest and most illustrious team, this week threatened to quit Formula One unless the plans were parked. On Friday, Team Ferrari filed an injunction in a French court to block the cap. Rivals Renault, Toyota, Red Bull and Torro Rosso all issued similar warnings. "If the regulations for 2010 will not change," read a Ferrari statement, "then Ferrari does not intend to enter cars in the next Formula One world championship." (See the 50 worst cars of all time...