Word: brownness
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...idea behind the Macquarie model is to borrow a lot of money cheaply, buy infrastructure assets with a guaranteed cash flow, then sell those assets to the public, letting shareholders take over the debt. Macquarie and imitators like Australia's Babcock & Brown make money at every step, with fees for the deal, for advice, and for managing the assets. Macquarie runs toll roads in America, bridges in Portugal, French autoroutes, a tunnel in Germany, and airports from Sydney to Copenhagen. About 290 million people ride its buses each year, and 17 million light...
...Street's problems and $14 billion in cash, the bank can easily refinance debts. The recent credit crunch, however, has made the market cautious. On Oct. 14 Macquarie Group's shares were trading at around $24 ($A35), two-thirds off their peak of $85 in May 2007. And Babcock & Brown had tumbled from around...
...others have agreed to come hang out with frosh. But amid all this bonding with authority figures, there's a risk that some students won't learn independence. "A very small percentage of students see me as a father figure, but I try to discourage that," says sociologist Tony Brown, who opens his dorm apartment on Friday evenings for rap sessions, using bait like cookies, Wii Tennis and his pet rabbit. "At move-in, I can't tell you how many parents said to me, 'Oh, good, you're an adult. Please take care of my kid!' But this...
...presented by Time Warner and co-hosted by TIME and CNN. A series of roundtables probed everything from political advertising and polling to the role of media. The event featured names such as TIME's Joe Klein, Romesh Ratnesar, Mark Halperin and Karen Tumulty and CNN's Campbell Brown, Christiane Amanpour and Wolf Blitzer--as well as dozens of other heavyweights from the worlds of media and politics, including Vanity Fair editor in chief Graydon Carter, New York Times columnist Frank Rich, former ambassador Richard Holbrooke and Republican strategist Mark McKinnon...
...damage had been mounting so swiftly that in the midst of a global stock-market rout that ate 18% of the Dow, Treasury Secretary Hank Paulson was forced to import a plan he once considered practically un-American. Paralleling a program authored by U.K. Prime Minister Gordon Brown, it called for the U.S. government to take partial ownership of nine leading banks and offer to buy pieces of hundreds of others. On Oct. 13, the nine bank bosses, assembled in the Treasury's imposing boardroom, were each handed a piece of paper with the terms: $25 billion of preferred shares...