We think the idea of ” Credit Crunch ,” a print-it-yourself board game in this week’s issue of The Economist, is great. We’re not convinced it’s exactly cost-effective to print the board, cards, and money with your own equipment, though—as someone suggests in their comments section, maybe a web-savvy reader should create … Funny .
its a shame, that only drastic earth-shattering events such as this global credit crunch (but most likely affecting the US most, being the inventor of that little devil-in-disguise thingy called a credit card) force people to actually …
Now, because of the recession, the plug is being pulled on 80-year-old, money -losing Shands AGH. Next fall, its eight-hospital not-for-profit parent company will shut the 220-bed hospital and shift staff and patients to a newer, bigger teaching … In November, Moody’s Investors Service changed its 12- to 18-month outlook from “stable” to “negative” for nonprofit and for-profit hospitals, citing “prospects of a protracted recession,” bad debt and the credit crunch . …
When thinking about the economic slowdown now gripping the United States, one might think of the naked emperor of yore, who could not realize his condition until told by a child. By the time analysts and the White House recognize the extent of the credit crisis, its effects will probably not be noticeable. So where [...]
Life Insurance and the Credit Crunch
With the prevalence of the credit crunch, spending in different areas of life has been cut down and reduced. In addition, the rates for getting credit and mortgages have also risen because of the greater risk being faced. As people are decreasing their spending, they are also trying to cut [...]
Businesses and consumers alike can’t keep their lines of credit from shriveling up to nil with the belt tightening across all financial markets. However there are things to be done when the going gets tough. First rule of engagement get going it sounds silly but true when it gets tough get going, find new credit [...]
I testified on the topic, “The Impact of the Credit Crunch on Small Business”. I testified that there was a connection between small business and the Subprime Mortgage Crisis and the “toxic” mortgage crisis. …
Having a poor credit score can make what should be simple tasks in your life much more complicated. Financing a car, electronic purchase or settling on a mortgage are all involved processes, but manageable. When you have bad credit, it can be difficult to get accepted for any sort of loan. The ones that do [...]
A recent ENR article reported that the construction industry unemployment rate declined in August to 16.5% which is the lowest in eight months. This was a relatively large improvement over the 18.2% rate for July; however, this is still over twice the 8.2% rate from last year. The funny thing about these numbers is that [...]
Despite slew of negative headlines, stock markets around the world still managed to close the week up around 4%. The FTSE and CAC managed 4.7% and 5.4% gains while the Nasdaq 100 was the pick of the US markets, closing the week up 5.2%. The rally was sparked by Lehman Brothers announcing the sale billion [...]