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...crying foul. Having the flexibility to change interest rates and charge all sorts of fees lets card issuers free up more credit for more people, they argue; folks with lower prospects for repayment pay higher interest rates, while good, creditworthy customers don't have to pay as much. Plus, they say, now is exactly the wrong time to relegislate the lending process. Owing to the credit crunch and soaring default rates, card issuers are already reeling in credit limits and accepting fewer new applications. "There are two ways of managing risk - for a particular borrower and across a portfolio...
...papal trips. Victor Simpson of the Associated Press took his first in 1979; Phil Pullella of Reuters made his maiden voyage in 1982. We won't report who gave which mark, but one gave a B "'cause he made the trip in the first place," the other a C-plus "for missed opportunities...
...Plus we wouldn't have to deal with Kirkland...
...best-case scenario for an economic recovery is one in which the consumer's share of economic activity shrinks, but gains in other sectors are enough to keep the economy growing at least modestly. In GDP lingo, those other sectors are government-consumption expenditures, gross private domestic investment (business plus housing) and net exports. Let's run through them...
...caller later threatened to notify the media. Pitino said he then met with Sypher and her husband and asked what she wanted. Karen Sypher wrote out a list of demands, he said, including college tuition for her children, two cars, a house paid off and $3,000 per month, plus another $75,000 if Pitino left the university. Tim Sypher delivered the list to Pitino on March 6 in West Virginia, where Louisville had a game to clinch the Big East regular season championship. Two weeks later, according to the complaint, Karen Sypher hired an attorney who expanded the allegations...