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The Train Keeps on Rolling ...
There's the "imminent" threat to American economic pre-eminence from China and India. There was a similar, "on our last legs" threat 25 years ago from Japan. And economist and former MIT biz-school dean Lester Thurow claimed a decade or so ago that Europe would eclipse us in the years (or was it weeks?) to come.

Other savings and loan crisis Related Articles

Preparing for Damage Control
Are you prepared for a business crisis? Would you know what a crisis was? How you react to a crisis and whether details get in to the media or not depends on how you handle it. A crisis can be anything from an accident, theft or computer glitch to an industrial spill, death of a director, discrimination or harassment suit....or worse. There are some simple steps you can take to protect the good name and image of your business - it's not rocket science, it's good sense. A crisis communication plan is essential for any sized business - it's not expensive, it's priceless!
The Fundamentals of Crisis Communications
Crisis communications at its most basic level consists of three elements: crisis planning, crisis response and crisis recovery. This article explores each of these categories and provides helpful tips for how to get started.
3.4 Making money work for poverty reduction: Working Out of Poverty
The incomes of working people living in poverty are not only low, but also volatile. Poor people, aware of the risks of not having sufficient earnings to meet daily needs, tend to save proportionally more than families with more secure, higher incomes. However, most banks do not offer savings and loan facilities to poor people. Many must hide their savings in cash somewhere and, when they need a loan, resort to the local moneylender for credit at onerous rates of interest. Microfinance is the provision, on a sustainable basis, of financial services such as credit, savings, insurance, payments and guarantees to poor people generally outside the reach of the formal financial market.
Crisis intensifiers: From Mild to Radioactive why crisis sometimes gets out of hand.
Crisis intensifiers not only have the ability to worsen a crisis situation, they can blunt the effectiveness of any crisis management strategies. When crisis strikes, quick response may mitigate its effects. Ide III & Yarn (2003), suggest the almost insatiable appetite of the news media for sensationalism, and its ability to share such information widely and instantaneously, can quickly turn a mere rumor or speculation into a full blown crisis potentially damaging reputation and undermining legitimacy to exist.

Keep Cool, Calm and Connected with your Bank Manager!
Professionals and bank managers alike cannot recall a crisis of this scale, consequently they lack experience in managing such distress. Recently, the majority of my counselling has been for couples and business owners who are having difficulty meeting their loan repayments. If this includes you, here’s an effective plan, but you’ll need to take urgent action to minimise the chances of becoming victim to the current crisis.
The Savings Of Low Interest Car Loans
The near recession has reduced the amount of disposable income of the average consumer. In regards to car loans, statistics demonstrate that lots of people fall prey to the wrong loan providers as they are consumed in very high interest and high monthly repayments. Still if you are hoping to buy a car with a loan, now is time you should educate yourself on the savings of low interest car loans. The main benefit of these loans is providing you with cash at a low rate of interest. So remember these basic tips first and you will buy your car, carefree and soon enough, bet behind the wheel of your new car.
THE NEW CONSUMER’S COURT : CREATIVE COMMUNICATION IN THE 21ST CENTURY :
For many companies, managing a communication crisis is to have good communication. However, we must not confuse crisis management and crisis communication. A crisis is not similarly managed like communication as the communication does not manage a business. However, communication is certainly the best way to deal with a crisis.

Health Insurance Policies And Health Savings Accounts
With Health Insurance Policies becoming more and more expensive, people are beginning to look into other, less traditional options. One of the more viable of these options is called Health Savings Account, or HSA. Many companies are actually turning to Health Savings Accounts for their employees. HSA’s are quite simple. It is simply a savings account in which you, or your employer, deposits money into, just like any personal savings account you would open with a bank. However, you can only make annual deposits, and, unfortunately for some, there are actually limits on the amount you can deposit each year. The annual maximum for an individual account is $3,050, and the maximum for a family is $6,150.

What is a Coverdell Education Savings Account?
Everyone wants to be able to save money for their child’s education. A Coverdell Education Savings Account is a tax advantaged savings account that empowers your efforts, making more of your hard earned savings for your child’s education. Read on to learn more about a Coverdell Education Savings Account.
Wall Street Got $1.2 Trillion From Fed
Fed Chairman Ben S. Bernanke’s unprecedented effort to keep the economy from plunging into depression included lending banks and other companies as much as $1.2 trillion of public money, about the same amount U.S. homeowners currently owe on 6.5 million delinquent and foreclosed mortgages. The largest borrower, Morgan Stanley (MS), got as much as $107.3 billion, while Citigroup took $99.5 billion and Bank of America $91.4 billion, according to a Bloomberg News compilation of data obtained through Freedom of Information Act requests, months of litigation and an act of Congress. These are all whopping numbers,” said Robert Litan, a former Justice Department official who in the 1990s served on a commission probing the causes of the savings and loan crisis.
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