Word: consumerized
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That strategy is to stay focused on core banking operations. While bank chiefs in the U.S. and Europe gorged on high-risk subprime lending and complex mortgage-backed securities in a quest for fat returns, Sands avoided toxic assets that got its competitors into trouble. Sands became even more cautious...
So far, mandatory on-the-menu calorie counts have been implemented in only three localities: Washington's King County (which includes Seattle), New York City and Westchester County, a suburb of New York. And since none of these provisions have been in place for more than a year, nutritionists have...
While such statistics are promising, menu counts are no silver bullet. Martin Lindstrom, the noted consumer psychologist and author of Buyology: Truths and Lies About Why We Buy, fears that consumers will tune out the numbers long term. "Eventually, calorie counts will just be wallpaper," he says.
|A major problem that led to the crisis was that financial institutions--especially the largest, most complex and important ones--weren't held to a high enough standard. In boom times, that problem wasn't visible, but those firms turned out not to have the capital and liquidity cushions they...
The potential cost to the consumer has dogged the bill for months. Republicans, citing an MIT study, say the measure could cost households as much as $3,100 a year, a number disputed by factcheck.org. The group interviewed one of the authors of that study, who said the true impact...