Word: cancellation
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...shrinking pool of faculty to teach the same pool of students,” said Economics Professor Claudia Goldin, who taught a seminar this fall. “How can we teach as effectively when our faculty is down so many people?” The decision to cancel junior seminars for the ’09-’10 academic year—which Goldin said has already been discussed by the department as a very likely option—will not be finalized until at least mid-March, when the first draft of the department?...
...light of the current environment, we have now decided to cancel this event.' WELLS FARGO, in a press release following Murray's statement, saying it had never planned to use bailout money for the trip...
...floundering economy actually puts companies like Octagon and Playboy in a tough spot. If you usually throw or sponsor a party but cancel this year, people may assume that your company is struggling. In many cases, like Playboy's, that's obviously true. But for firms like Octagon, perception does not match reality. The agency represents Michael Phelps and had the best year in its history. "We looked at the circumstances out there," says Octagon executive Phil de Picciotto, "and decided that being more understated would be more appropriate for these times." (See pictures of Michael Phelps winning eight gold...
...reject its existing lease agreements (pre-2005, the companies could liberally extend a 60-day time limitation). Clearance sales typically give the bankrupt company a cash infusion to help pay off the DIP loans. But if a company can't reorganize in 210 days, and is forced to cancel its leases, it won't have a place to sell its goods. No sale means no cash, and the banks will be stuck with toxic debt. Faced with this tight time frame, the banks might not risk a DIP financing even when things are flush; in down times, forget about...
...because there is no continuation to an AP course.” The AP Italian exam was first offered in the 2005-2006 school year in part due to efforts by Italian-American groups and the Italian government. In April 2008, the College Board announced that it planned to cancel four of its least popular AP exams after the 2008-2009 school year. The College Board said that it would offer the Italian exam for one more year if $1.5 million could be raised. Although the Italian Language Foundation raised over $650,000, the group ultimately fell short...