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...often doing so with ease. In Atlanta, Rob Hale didn't have any problem getting a loan. The president and CEO of United Controls International, which tests circuit breakers and fuses for nuclear power plants, actually had banks competing to lend him money to buy a new building. "I've never seen an environment like this," he says. "Banks are clamoring for my businesses." He now has three offers on the table and is going back to each of the banks, which have started lowering interest rates and removing loan covenants in order to win his business...
...lend to. He's not having much luck. "I'm struggling to find qualified credits," says Lette. "Many times, people come in and apply for loans, but it's not to grow their business - it's to get their business out of the hole they're in because they've already borrowed way too much." On more than one occasion, Lette has recommended that instead of a loan, a business owner contemplate bankruptcy...
...Gender quotas are new to Germany but they've been implemented elsewhere. After a heated debate, Norway passed a controversial law in 2003 requiring that 40% of all board members of publicly listed companies had to be women. The measure paid off: company boards went from just 7% female in 2003 to 40% in January 2008. Spain, the Netherlands and France are now planning similar laws. Sweden doesn't have a quota system, but it has introduced other measures to help women combine work and family life, such as tax cuts for household and child-care services and incentives...
...thinks that should change, and is also pushing for lower taxes and a new simplified tax system. The opposition Social Democrats branded him a "sociopolitical arsonist" while the Greens warned that the welfare state would be pared back to a "social ice age." Merkel was not amused, either. "I've made it clear that what Guido Westerwelle said is not my choice of words. That's not my style," she told the CDU party faithful. (Read: "Guido Westerwelle, Germany's Mittelman...
...Berlin's Jesuit school, Canisius College. Since then, dozens of people have come forward with allegations of sexual abuse levelled against former priests. The scandal has even spread to the famous Regensburg Cathedral choir - which was led by the Pope's brother Georg Ratzinger for 30 years - and there've been up to a hundred allegations of abuse at a boarding school run by Benedictine monks in Ettal, Bavaria, which was raided by state prosecutors. Germany's Catholic Church has pulled out all the stops to convince parishioners that it's doing everything to prevent such abuse cases from happening...