Word: cashes
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Dates: during 2000-2009
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...Citi, the controversy surrounding Hall's pay was about whether a bank that has received $45 billion in government assistance should be turning around and handing over big bags of cash provided by taxpayers, most of whom won't make one-tenth of Hall's annual salary in their entire lifetimes, to its employees. But now that Hall has left Citi, a larger question remains: Is anyone really worth $100 million a year, and what exactly do you have to do to deserve that much...
Harvard, looking to safeguard its cash supply from the increasing threat of losses associated with the swaps, decided to post $500 million in collateral this past year to terminate agreements on $1.1 billion of its debt. In addition, the University will pay another $425 million over the next 30 to 40 years for new “offsetting” interest rate swaps, which will essentially negate the effect of the original swaps on $764 million of its debt...
Have the writers been throwing a lot more of these lately, or did we just never really get them until now? This week it was “cash for clunkers.” Groan...
...built the Flint South plant only 10 years ago, but rows of empty lockers inside the plant's washroom offer silent testimony to the changes around the giant automaker, which emerged from bankruptcy in July thanks to a $50 billion infusion of cash from the U.S. Treasury Department and is counting on the Volt to help restore the company's reputation...
...Controlling the weather in Moscow is nothing new, he says. Ahead of the two main holidays celebrated in the city each year - Victory Day in May and City Day in September - the often cash-strapped air force is paid to make sure that it doesn't, well, rain on the parades. With a budget of $40 billion a year (larger than New York City's budget), Moscow can easily afford the $2 million to $3 million price tag to keep the skies blue as spectators watch the tanks and rocket launchers roll along Red Square. Now there...