Word: assets
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...Summers finished his dissertation, “An Asset-Price Approach to Capital Income Taxation,” and Harvard awarded him a Ph.D. in 1982. After three years as assistant professor at MIT, he spent one year as an associate professor before heading to Washington to become a domestic policy economist for the President’s Council of Economic Advisers...
...into an energy powerhouse, was arrested and put on trial for alleged fraud and tax evasion, charges he says were trumped up. Since then Yukos has been hit with a $17 billion bill for back taxes, and the government is threatening to auction off the company's most valuable asset to pay them. Most Yukos accounts have been frozen, making it hard to pay suppliers and staff. But the company has called a shareholder vote for December to decide whether to file for bankruptcy protection; a principal reason it hasn't already done so is that a majority of board...
...name with respect as they recall the dispatch and efficiency you demonstrated in dealing with a proud faculty. Somebody who could handle the barons of academe can also handle State and the Pentagon. Finally, you have the ear of a President who trusts and respects you. That's an asset Powell never had. Now to the tough stuff. You were raised in the realist tradition of statecraft, but scorn for its tenets was the greatest sin of the President's first term. The failure came in two parts. One was the treacherous belief in the limitless fungibility of military power...
...Parmalat's phony invoices. The distributors then pay the money back to Parmalat, which accounts for the transfers as credits owed. Step 5 Parmalat transfers these false credits to an offshore subsidiary in the form of an invoice for a nonexistent sale, recording the amount as an asset. Step 6 Parmalat uses these fictitious assets to secure another round of loans. Step 7 At repayment time, Parmalat again transfers the fresh loan infusion to the offshore subsidiary, which again records the money as revenue rather than a loan. Step 8 Parmalat assigns the credits and the liabilities of this offshore...
Unfortunately, the game suffers in the arena of mini-games, that ever crucial asset that modern gamers demand. The first game I’ve unlocked (after acquiring coins through the game’s single-player “Street Performance” mode) involves climbing a series of ropes to gather bananas, but the controls were so unresponsive and clumsy that I doubt I’ll play it again. Also the game costs a reasonable $50, but if you want any social value to come of this, you’ll have to buy a second...