Word: amounting
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...Experts have pointed to a $30.6 billion deal between Merrill Lynch and the Lone Star group of private-equity funds as a model for the new government plan. Lone Star purchased that amount of Merrill Lynch's portfolio of asset-backed securities, and Merrill Lynch reduced Lone Star's risk by financing three-quarters of the purchase. Therefore, Lone Star had limited risk, which is similar to the way funds would have limited risk buying bad securities with government backing. But the most important part of the deal was not Lone Star's risk; it was the price. Lone Star...
...This plan costs the government - and the U.S. taxpayer - only a trivial amount, the operating costs. Again, it is nowhere near as complex as what the government has done so far. It carries a small price tag compared with the massive, mostly ineffectual spending that has been the basis of the current policies. (See pictures of the global financial crisis...
...With the economic environment making the pace of Allston less certain, we did not feel as though we could pass up the opportunity to lease a significant amount of space so close to our main campus,” Frenk wrote...
...alternative—letting funds earmarked for construction sit in Harvard’s endowment, gaining very little interest—stalls the construction process without any noticeable academic or monetary gain. In light of the benefits of expanding on schedule, namely the vast amount of research that can begin to take place once Harvard has additional space, it seems unwise to wait for the market to improve before initiating the expansion process...
...Zhong Nanshan also said there is a danger that China's widespread vaccinations could conceal the virus. "Special attention should be paid to such animals, including those that have been vaccinated," the Xinhua news service quoted him as saying on Feb. 6. "The existing vaccines can only reduce the amount of virus rather than totally inactivating...