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Decrease in Mailings In today's tight credit world, the number of these kinds of credit offers is falling rapidly.
A broader crisis in the auction-rate securities market — a relatively obscure sector of the credit world that colleges, municipalities and hospitals use to finance their operations — may also affect Apollo, which invests in the obligations.
This is true for ratings agencies in the credit world and sell-side reports in the credit and equity worlds.
Sophisticated managers of large funds now consider the entire credit world in their portfolio allocation decisions and habitually compare credits in swapped-out terms.
Financial Engineering: Many hospitals swooned for the siren's song of interest-rate swaps and similar interest-rate hedging contracts, only to find their finances on the rocks last year when the credit world turned upside down.
David Swenson, head of Yale University's endowment and one of the most highly respected voices in the investment world, was recently quoted as saying "[t]here are some really extraordinary investments in the credit world.
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Drew Taylor of the Fairfield County Weekly credited World War Z with making zombies more popular in mainstream society.
Photo credits: World Series lineup, McCovey Cove, Royals fans, AT&T Park, Matt Holliday in Fenway, Gomes is safe, Uehara and Ross, Giants champagne, courtesy of AP; FOX Sports crew, Victorino, Bill Webb, Scutaro, Umpires, courtesy of FOX Sports.
Mr. Sebastian noted that one maxim in the credit union world is that poverty is not a common bond.
It makes the barrier to entry into the credit card world so low, there's virtually nothing to stop you, the little guy, from taking the leap.
In the credit card world the merchant acquirer is a middleman whom the retailer gets its money from.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com