Word: afloat
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...LS1a professors approach the course material from a deeply conceptual standpoint, so memorizing your amino acids is essential but not nearly enough to stay afloat when exams roll around. Lecture slides and the professors’ accompanying commentary capture the crux of the material, while the suggested textbooks are useful only for reference. Work through problem sets with classmates (trust us, you are NOT too smart for study groups) and make use of the help sessions hosted by former LS1a students. Ask your TF (teaching fellow) for help, and don’t be afraid to approach the professors...
Investors may be jittery, having watched a number of mortgage REITs, such as New Century Financial Corp. and American Home Mortgage Investment Corp., file for Chapter 11 bankruptcy protection over the past couple of years, and others, such as Arbor Realty Trust and Gramercy Capital, struggling to stay afloat. Even Starwood's newest offering could stir concerns if investors check out the sour performance of one of Sternlicht's previous specialty finance companies, iStar Financial...
...companies struggle to keep afloat in an age of abundance, Anderson posits a provocative solution: give your wares away gratis. An idea "as powerful as it is misunderstood," Free has become a multibillion-dollar business model tailor-made for the Internet economy. As digital-infrastructure costs approach zero, Anderson argues that Free often pays off, whether it involves giving away cell phones to hawk monthly plans or embracing piracy to spark demand for merchandise. He also explains how charging even a penny can scramble consumer psychology and sketches a blueprint for competing with juggernauts, like Google, that have harnessed...
...more remarkable aspects of Chinese government efforts to fend off the global economic downturn has been a surge in lending. To keep struggling enterprises afloat, Beijing urged Chinese banks to open the credit floodgates - and bankers have done so. The People's Bank of China, the central bank, estimates that $224 billion in new loans were made in June alone, bringing the total for the first half of the year to $1.08 trillion - 50% more than the amount of loans Chinese banks issued in all of 2008. (Read "China's Banks Become the Government's Foot Soldiers...
...Bangkok, the concerns are more immediate. Pong, the female manager of Babylon Sauna, Bed and Breakfast, which depends on foreigners to stay afloat, frets that she may be forced to close. Babylon welcomed 800 visitors per day before the recession hit. That number now hovers around 500. "The entrance fee is already low, so dropping it won't make a difference," Pong says. So what's a sauna manager to do? "Pray...