Word: assets
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...financing of the deal is complicated and takes place in two steps. First, Commerzbank will pay Allianz $2.33 billion in cash, $4.94 billion in stock, and give the German insurer its asset management business Cominvest, which has a value of roughly $1 billion. Then, in a second step to take place by the middle of next year, Commerzbank will give Allianz another $4.58 billion in stock. In the end, Allianz will hold a 30% stake in Commerzbank, giving the insurance giant the opportunity to sell its insurance products over Commerzbank bank counters. And with Allianz as a major shareholder, Commerzbank...
...ethical transgressions, targeting both Republicans and Democrats in her calls for reform. She sprinkles her pieces with quotes from Plato, Henry Kissinger, and her state's constitution, but also uses expressions like "doggone it" and praises Alaskans for their work ethic and love of freedom and community - a possible asset in a campaign that has focused on questions of elitism and being in touch with voters...
...Michelle is a tremendous asset," says Habitat Inc. CEO Valerie Jarrett, a close friend of both Obamas and a key campaign adviser. As Daley's deputy chief of staff at the time, Jarrett hired Michelle to help troubleshoot for companies having problems navigating the city's bureaucracy. "Her being from Chicago, from the Southside of Chicago, was an asset to Barack in terms of enhancing his ties to the community...
...they do say a lot about an athlete. He or she is confident, even cocky, and willing to put a reputation on the line. Thing is, most athletes prefer to say nothing at all. Especially ones like LeBron, whose army of handlers get paid to insure their prized asset stays squarely on message...
...Biden's experience is his biggest asset. His 36 years in the Senate have earned him chairmanships of the Judiciary and Foreign Relations committees, positions he has used to establish himself as a familiar and respected, if partisan, spokesman for the Democrats on everything from Supreme Court appointments to complex national security issues during and after the Cold War. Obama's lack of comparable experience has him trailing John McCain by as much as 15 points on some foreign policy issues; if a vice-presidential pick can offset voters' concerns on those issues, Biden's resume should help...