Word: cashes
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Dates: during 1990-1999
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Chalabi--who hopes to land some of the Liberation Act's $97 million--insists the difficulties would vanish with a liberal application of cash and U.S. muscle. He wants guns and training now and tactical air support when his revolt begins. But few in Washington are willing to go along for the ride. Says Kenneth Pollack, a former CIA analyst: "Their plan is militarily ludicrous...
...kickbacks were paid to officials in foreign governments; contracts were padded, with the excess money diverted to Swiss bank accounts; management fees were inflated; brokerage commissions ran 2 1/2 to five times the usual rate. And in the case of one Seaboard subsidiary, "there was a great deal of cash that was...unaccounted...
What's a mayor to do? A major employer wants to expand or build anew. Rather than simply doing so, the corporation stirs up a bidding war to see which city and state will pony up the most cash, loans and tax breaks in the form of economic incentives. If you're the mayor and the facility means jobs and income for your town, do you play hardball and risk losing the plant and the jobs? Or do you give in and hand out tax money, only to face a never-ending string of similar demands from others...
...over the past two years. Tisch, a contrarian, is smarter than most. After oil prices receded in the early '80s, his company bought oil tankers and drilling rigs at scrap-metal prices and later sold them for a tenfold gain. But he's lost big betting the company's cash against the Standard & Poor's 500, and its stock has suffered as a result...
What started in the stadiums is creeping into your cash machine. Four Chicago banks are experimenting with filling those few seconds while a transaction is being processed--seconds, you might argue, that don't strictly need filling--with onscreen commercial loops. Will they influence your purchasing decisions? Perhaps. But how likely would you be to buy a product when your ATM erases any record of your deposit because it's paying more attention to showing you a dreamy, slo-mo image of a new car slaloming through racing cones than it is to processing your transaction...