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Mortgage-backed securities have plunged in value in a credit squeeze brought by low-quality mortgages in the United States, leading to a vicious circle of forced sales, falling prices and weakening balance sheets for banks.
They left the key short-term interest rate they control unchanged, ending a streak of rate cuts stretching back to last summer, when the bursting of the housing bubble and the ensuing credit squeeze brought economic growth almost to a halt.
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Rosemary Pillkington (the fetching Rose Hemingway), a secretary who sets her pink toque at Finch and bags her upwardly mobile man, is appropriately adorable; and Tammy Blanchard as Hedy La Rue, the boss's loosey-goosey squeeze, brings an unfailing ditzinesss to the party.
The squeeze bottle brought instant precision to an imprecise art.
The cash squeeze that brought Bear Stearns to its knees is fanning fears that other investment banks might be vulnerable to the crisis of confidence gripping Wall Street.
Thats because recent high and volatile fuel prices, combined with a "credit squeeze" that brought businesses especially construction companies down makes consumers shy away from heavy, gas-hungry trucks.
This squeeze was brought about in part by the end of fixed corporate pensions and the rise of 401(k) plans which Black calls a "grand experiment" turned "disaster".
In October, the luxury juice squeezing startup brought former Coca-Cola North America president Jeff Dunn on in his stead.
The hitters were on the attack: the strike zone was squeezed; fences brought in; foul territory seceded to VIP seats.
The squeeze apparently brings out the worst in travelers, too.
Keeping tax for most companies at zero is "sacrosanct", says an official, so the island responded to the squeeze by bringing in a 3% goods-and-services tax (a kind of VAT), subsequently raised to 5%.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com