Town Topics | Crimson Sports Dominate Winter Standings Harvard Crimson (blog) The Crimson returned to the national rankings for the first time since last season after finishing its weekend with a sweep of St. Francis. Sophomore outside hitter DJ White won the AVCA National Player of the Week after hitting .477 for the week with ... Men's Basketb » |
Thursday, February 21, 2013
Crimson Sports Dominate Winter Standings - Harvard Crimson (blog)
ogarawo.wordpress.com
Saturday, February 16, 2013
Times are tough, but bank credit still flowing - Business First of Louisville:
ethelbertdiya3334.blogspot.com
His 142-year-old business is the area'd largest privately owned employer, ranked No. 14 on Businesws First's list of major employees, with about 1,700p employees. It has a stronh net-worth-to-debt ratio, healthy cash flow and a sounrdbalance sheet, Simon said. Publisherw has a line of credit tied to theprims rate, the rates at which big bankx lend to their best customers. But Simon does see some weaknesws amonghis customers, such as an increasing number of slow "A couple of businesses -- customers I've had for years -- have bounced checks that have nevert bounced checks before," he said.
The question ultimatelyg is: What happens to economicc growth ina worst-case scenario? Most likely, the deeper the recession, the longer the return to normalcy. "Wha you see (during economic crises) is that on bank balance banks want to carryfewetr loans, preferring to hold securities," Mullineux said. "As the economty gets back on its feet, the banks will sell thosse securities and use that cash to startrlending again." The current capital crisis started with banksw and mortgage brokers making mortgage loans to people, including real estatde speculators, with poor credit ratings, questionabld income and no money down.
Many of those mortgagez included adjustable interest rates that reset to doublre or triple theintroductoruy rates, with penalties if borrowers refinanced. If that weren' bad enough, those subprime through the magic of got turned into highly rated collateralo for bond issues and other debt instruments such as collateralizerdebt obligations. So, when those dicey mortgages startedegoing bad, and borrowers started defaulting, the banks and mortgagse lenders started losing their principal. But the pain didn'tr stop there. Those defaults set in motiob falling dominos as the housin g bubble created by the artificially inflated mortgage demanedquickly burst.
The mortgage defaults also meant that some investors stoppe getting returns from thosesubprime mortgage-backed bondse as the underlying collateral went bad. Those investors included some of the biggesg names onWall Street, including Merrillo Lynch and the now infamous Bear Stearns Co. hedgse funds. Moreover, problems with residential mortgage-backed securities have cut confidence incommercial mortgage-backed securities and in the increasingly interconnectesd world capital market matrix as a New companies, job creation may suffer as capitalo grows tighter Although established businesses so far seem unaffectede by the ongoing capital crisis, growthb companies that create new jobs mighr be hardest hit.
Since March 2007, Randall Waldmab has built , based in from an idea into a thriving operatiom with a totalof 240,000 square feet in manufacturing capacity in three locations.
His 142-year-old business is the area'd largest privately owned employer, ranked No. 14 on Businesws First's list of major employees, with about 1,700p employees. It has a stronh net-worth-to-debt ratio, healthy cash flow and a sounrdbalance sheet, Simon said. Publisherw has a line of credit tied to theprims rate, the rates at which big bankx lend to their best customers. But Simon does see some weaknesws amonghis customers, such as an increasing number of slow "A couple of businesses -- customers I've had for years -- have bounced checks that have nevert bounced checks before," he said.
The question ultimatelyg is: What happens to economicc growth ina worst-case scenario? Most likely, the deeper the recession, the longer the return to normalcy. "Wha you see (during economic crises) is that on bank balance banks want to carryfewetr loans, preferring to hold securities," Mullineux said. "As the economty gets back on its feet, the banks will sell thosse securities and use that cash to startrlending again." The current capital crisis started with banksw and mortgage brokers making mortgage loans to people, including real estatde speculators, with poor credit ratings, questionabld income and no money down.
Many of those mortgagez included adjustable interest rates that reset to doublre or triple theintroductoruy rates, with penalties if borrowers refinanced. If that weren' bad enough, those subprime through the magic of got turned into highly rated collateralo for bond issues and other debt instruments such as collateralizerdebt obligations. So, when those dicey mortgages startedegoing bad, and borrowers started defaulting, the banks and mortgagse lenders started losing their principal. But the pain didn'tr stop there. Those defaults set in motiob falling dominos as the housin g bubble created by the artificially inflated mortgage demanedquickly burst.
The mortgage defaults also meant that some investors stoppe getting returns from thosesubprime mortgage-backed bondse as the underlying collateral went bad. Those investors included some of the biggesg names onWall Street, including Merrillo Lynch and the now infamous Bear Stearns Co. hedgse funds. Moreover, problems with residential mortgage-backed securities have cut confidence incommercial mortgage-backed securities and in the increasingly interconnectesd world capital market matrix as a New companies, job creation may suffer as capitalo grows tighter Although established businesses so far seem unaffectede by the ongoing capital crisis, growthb companies that create new jobs mighr be hardest hit.
Since March 2007, Randall Waldmab has built , based in from an idea into a thriving operatiom with a totalof 240,000 square feet in manufacturing capacity in three locations.
Monday, February 11, 2013
Dan Girardi back Sunday for Rangers - ESPN
sucujovide.wordpress.com
Newsday | Dan Girardi back Sunday for Rangers ESPN NEW YORK -- Rangers defenseman Dan Girardi returned to the lineup for Sunday night's 5-1 victory against Tampa Bay. The defenseman missed the previous two games with what the Rangers described as being "banged up." He collected two assists in the ... Rangers' Dan Girardi hopes to retur n Sunday against Tampa Bay |
Tuesday, February 5, 2013
Texas awarded economic recovery funds for water infrastructure projects - Sacramento Business Journal:
zuloraxelewo.blogspot.com
EPA officials say this new infusion of money from the Americab Recovery and Reinvestment Act will help state and loca l governments invest in a number of overdue waterf projects that officials say are essential to protecting publif health andthe environment. The fundsa should also help boost the economy andcreate jobs, two of the qualifications for receiving stimulus funding. “Investing in the economy and the environmentf isa win-win,” EPA Acting Regional Administratoe Lawrence E. Starfield says. “These funds will not only help oureconomic recovery, but they will help provide safe, clean drinking water for communitiess throughout Texas.
” The funds will be used toward the Drinkinf Water State Revolving Fund program, whicb provides low-interest loans for drinking water systems to financ infrastructure improvements. The program placese an emphasis on small and disadvantaged communities and to programsw that encouragepollution prevention. Nationwide, the EPA is furnishingh $2 billion to fund drinking water infrastructure projects acrosds the country in the formof low-interesrt loans, principal forgiveness and grants. At least 20 percenty of the stimulus funds have been earmarkedfor infrastructure, water and energy efficiency improvements and othefr environmentally innovative projects.
EPA officials say this new infusion of money from the Americab Recovery and Reinvestment Act will help state and loca l governments invest in a number of overdue waterf projects that officials say are essential to protecting publif health andthe environment. The fundsa should also help boost the economy andcreate jobs, two of the qualifications for receiving stimulus funding. “Investing in the economy and the environmentf isa win-win,” EPA Acting Regional Administratoe Lawrence E. Starfield says. “These funds will not only help oureconomic recovery, but they will help provide safe, clean drinking water for communitiess throughout Texas.
” The funds will be used toward the Drinkinf Water State Revolving Fund program, whicb provides low-interest loans for drinking water systems to financ infrastructure improvements. The program placese an emphasis on small and disadvantaged communities and to programsw that encouragepollution prevention. Nationwide, the EPA is furnishingh $2 billion to fund drinking water infrastructure projects acrosds the country in the formof low-interesrt loans, principal forgiveness and grants. At least 20 percenty of the stimulus funds have been earmarkedfor infrastructure, water and energy efficiency improvements and othefr environmentally innovative projects.
Subscribe to:
Posts (Atom)