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...rogue trader cost one of Europe's largest banks $7.09 billion???the biggest loss ever from a single trader?but who's really to blame...
...would be bigger, more powerful and more accurate than a Titan or Minuteman, and the Soviets, in theory, would never know which of the shelters to target with their missiles if they decided to attack. The scheme has been criticized both because of its cost?in excess of $75 billion???and because it would tear up enormous chunks of America's West. (The drag strip would occupy an area the size of New Jersey...
...orbits of the earth, nearly 67 minutes, or 75%, is spent over water. What all that means, contend NASA'S statisticians, is that the chance of any remnant striking a human being is only 1 in 152; the probability of any specific person being struck is 1 in 600 billion???far less than the chance of being hit by a bolt of lightning or winning a lottery...
Mozambique and, much more important, South Africa were the glaring gaps in Britain's purported wall of sanctions against Rhodesia, and the government was not about to plug them. Reason: British investment in South Africa is huge ?currently about $10 billion???and trade between the two nations amounts to nearly $3 billion a year...
Analysts for the state legislature estimate that the total actual property tax cut may be nearer $6.4 billion than $7 billion???and of this, homeowners will get a collective saving of only $2.3 billion. The rest will go to owners of rented residential property ($1.2 billion) and commercial and industrial property ($2.9 billion). The state's ten largest utilities and railroads alone will benefit by $400 million next year; in addition, Standard Oil figures to benefit by $13.1 million and Lockheed by $9.5 million...