Word: bolster
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More firms like Invesco are trying to bolster faltering, small-cap mutual funds by combining them with winners (382 mergers last year alone), but it may be a losing proposition. To give long-suffering shareholders a boost, it seems, high-flying investors have to take a dive. According to a recent academic study, the performance of the acquiring stock funds, as measured by their objective-adjusted returns (how they fared relative to their peers), tends to drop after they've absorbed all that new cash...
...possible explanation is that theannouncement was intended to bolster morale withinRadcliffe, which has been beset by rumors andpublic scrutiny for more than a year...
...neglect of the armed forces, plan to use the President?s $6 billion emergency request for Kosovo to fight their own war over the defense budget. Their emerging strategy: Use the President?s requisition for the NATO action to tack on supplemental funding, perhaps $10 billion or more, to bolster the nation?s defenses. The move has the advantage of both backing the troops in Kosovo while also maintaining the GOP?s distance from Clinton?s general military policy...
...Back home, concerned that French prosecutors had done a lackluster job, as Tricaud gleefully suggested, the Justice Department scrambled last week to bolster the argument for extradition. The decision is scheduled for this Tuesday. "I spent 16 years on this. I'm not going to lie down now," DiBenedetto promised...
...Senate's vote last week to acquit the president on charges of perjury and obstruction of justice came as little surprise. Despite desperate last-minute attempts to bolster their case with yet another round of testimony from witnesses, the House impeachment managers throughout the trial were unable to provide a compelling explanation for how the president's actions in the Monica Lewinsky affair met the constitutional standard of "high crimes and misdemeanors." Neither charge could muster a simple majority, a sign of how weak the House's charges were from the beginning...