Word: cashed
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...Cash-conscious shoppers are hoping to see a repeat of 2008's eye-popping discounts, when markdowns, even on high-end fashion duds, exceeded 75% in the weeks leading up to Christmas. Although retailers are insisting that they won't resort to jaw-dropping discounts this year, what happens will ultimately depend on how much and how quickly they get consumers to start spending. And it won't be easy. (See TIME's Holiday Gift Guide...
...Pets don't have the benefit of a television show or movie providing free promotion for the brand. Nor do they have access to the cash that one of the big toy companies, like Mattel or Hasbro, can provide. The Zhu Zhu Pets are a small-business success story. The toys are made by Cepia, a seven-year-old St. Louis, Mo., company with only 16 employees. "It's fascinating, as you talk to executives from other toy companies," says Storch. "They are thumping themselves on the side of the head, wondering, 'How did I miss this...
According to the study, the collapse of the two firms reflected not shortsightedness on the part of top executives, but rather compensation structures that shielded the executives from the consequences of the firms’ economic meltdown. Compensation structures of cash bonuses and equity options liquid regardless of the firm’s financial state led to sustained profits for these executives even after the financial collapse...
While Harvard has acknowledged in recent months that its aggressive investment strategies may have constrained the University’s cash flexibility, it has defended the long-term viability of its approach. Harvard Treasurer James F. Rothenberg noted in an interview with the Harvard Gazette last month that the University’s investment strategies generated an average annual return of 8.9 percent over the past 10 years, including last year’s financial crisis—far exceeding the annualized 1.5 percent return that would have been generated by a “plain vanilla” portfolio...
...used his student ID to allay police suspicions while he was crossing from Kashmir to Bangalore - even as he was bringing a cache of weapons in by train. When he ran out of money, his handlers arranged to have funds sent to him through India's unregulated network of cash-transfer, or hawala, traders. For the equivalent of $2, an Indian, who had bought the right to smuggle jackfruit across the Bangladesh border, arranged for him to cross without documents to that country's capital Dhaka, where he met with agents of Lashkar-e-Taiba (LeT), the group believed...