Word: transferals
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...suffer from what is called debt fatigue. When capital flows between borrower and creditor are measured, the harsh fact is that much more money is moving from debtor to banker than the other way around. In the past two years, 15 of the most indebted borrowers made a net transfer of $58 billion to their creditors. And it is not just commercial banks that have been collecting the cash. In fiscal 1988 the IMF took in $5 billion more in interest and principal payments on outstanding loans than it disbursed in new loans...
Stasuik, a transfer student from Princeton, reached the semifinals of the "A" flight before losing to Martin, a freshman from Tennesee, 6-4, 4-6, 6-3. Even though she isn't a pro, Martin is ranked in the top 50 on the women's circuit. This summer she played in the U.S. Open...
...problem of too much consumption and not enough saving. As Harvard professor Benjamin Friedman points out in his forthcoming book Day of Reckoning, the share of national income raised in federal taxes is exactly what it was in 1979, but the share returning to individuals in the form of transfer payments (Social Security and so on) has gone up. The Government borrows the difference, thus replacing national savings with consumption. The 1980s' consumption boom, Friedman notes, has been financed in three ways: by this shift in the Government budget; by a larger share of the population in the work force...
...family pressure on workers creates costly problems for business. Studies conducted by several large corporations, including IBM, Merck and Corning Glass, show that family responsibilities often contribute to reduced performance, higher turnover, greater absenteeism and worsening health among workers. Companies also lose out when experienced employees turn down a transfer or a promotion because they cannot reconcile work and family...
...know we have a lot to work on," said Co-Captain Manda Schossberger. "We must go to practice with the attitude of everyone giving 100 percent. Then we have to transfer what we do in practice to the game...