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...businesses aren't getting the credit they need. In the last three months of 2009, business lending at smaller banks, which tend to cater to smaller companies, was down at a 13% annual rate, according to the Federal Reserve. Not only are loans harder to come by, but they're also more expensive. That has the potential to slow down economic recovery, since firms that can't borrow often can't expand. Policymakers have responded with a number of programs to boost small-business lending, including an Obama Administration proposal to repurpose $30 billion of bank-bailout money to spur...
...community for companies to 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...
...line with the first weekends of other Aniston and Butler comedies. But with a cruddy 9% score from Rotten Tomatoes' survey of movie critics and a B-minus CinemaScore rating, the film can't expect much repeat business. At least it did better than Repo Men, whose re-poor $6.2 million made it suitable for foreclosure. Shelved for more than two years after its late-2007 shoot, the picture deepened the red-ink bloodbath at Universal, which has suffered from a year of flops, including Green Zone, down a crushing 58% from its dismal opening last week. If Universal were...
...came out with a new mindset,” Rosekrans said. “A new day meant a clean slate. We knew it would be a huge deal if we won because they’re only a few spots behind us in the rankings. [The win] came at a crucial point in the season. It really boosted our morale...
...mastered that this season, and it was one of our strengths in previous years. We start the Ivy season earlier than the other schools, so in that sense we should have an advantage. Last year, we were Ivy League co-champions [with Princeton]. This time around, we’re hoping to win the title outright...