Word: solding
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Bernstein: Well, that could be anything from very high quality bonds as opposed to, kind of, the junk that has been sold over the last several years and performed well. It could be the stocks of high quality companies as opposed to the riskier stuff. Our focus is on sustainable and demonstrable growth...
...Hemi Orange. (Hemi is car-speak for a type of engine that accelerates like a rocket). There's a shiny red one, with a big green bow on the hood, on the showroom floor in Overland Park, Kan., and sales manager Mike Sullivan is confident it will be sold - and soon...
...October was bleak: the dealership sold only 30 cars for the month compared with a normal 15-18 a week. But December's numbers are solid, he said, thanks in part to his deep roots in the community and solid ties to bankers. Compared to many dealers, Overland Park Jeep Dodge hasn't been troubled by lack of consumer credit. All of his 70 employees have safe jobs, Thompson declared...
...that once were the bedrock of local commerce. Atop Mt. Kamisodegawa, the 12 wind turbines, each 305 feet (93 m) tall, have the capacity to convert mountain gusts into 21,000 KW of electricity - more than enough to meet the needs of the town's residents. The excess is sold to neighboring communities...
...That isn't to say Daewoo's demise wasn't painful. The government and banks stage-managed Daewoo's unwinding to soften the blow to the economy. The group was broken apart. Some assets were sold. (Ironically, GM acquired some of Daewoo's car company.) Other affiliates got debt restructurings; a government agency bought up Daewoo loans from the financial sector at a discount. Billions were lost. But the whole concept that Daewoo was too big to fail proved false. The reality was that Daewoo had become more burden than boon. Many of the loans it had gobbled up were...