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Posted by Lisa Cross on November 4, 2008
A working paper authored by three economists for the Federal Reserve Bank of Minneapolis reports that four claims about the nation’s current finanical crisis appear to be myths. The findings of the research paper, based on data up until Oct. 15, report:
•Bank lending to corporate America and individuals has not declined.
•Lending between banks has not dried up.
•Commercial paper (short-term borrowing by nonfinancial companies) has fallen, but not seized up as a source of commercial lending. (Indeed, commercial-paper levels last week started to head back up for the first time since the failure of Lehman Brothers, in mid-September.)
•Banks do not, as popularly believed, play a large role in channeling money from savers to borrowers. 
...Read More

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Posted by Lisa Cross on October 17, 2008
Ricoh will launch its 90-ppm Pro C900 color digital press for production printing environments at GraphExpo. The device uses pulverized toner for what Ricoh believes will provide a wider color gamut and improved fusibility, and outputs at 1200-dpi resolution on thick paper (up to 300 gsm) and even coated stock, supporting 12.6×17.7´´ images on sheets up 13×19´´. Showing it is serious about quality, Ricoh added an inline spectrophotometer to keep color on track.
The C900 joins three other black-and-white production devices.
At its annual dealer meeting this week, the company announced it would launch eight new color systems all capable of producing 50 ppm. During the event, the company introduced ...Read More

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