Word: cashing
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Dates: during 1950-1959
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...first two months of the fiscal year (April and May), the government piled up a budget surplus of $274 million, more than double its 1955 cash balance...
...Post itself printed not a line about its ordeal, no well-informed Bostonian would have been surprised to see the paper collapse or pass suddenly into new hands. The daily was in an almost comic mess−creditors swarming, funds attached, payroll delayed, newsprint delivered only for hard cash, and negotiations begun for a distress sale...
Virtuoso: The reward of the instrumental virtuoso in glory and cash is beyond that of any other honest profession (except that of the prima donna...
...specialty was to find small but solid companies that had undervalued assets on the books, i.e., a warehouse or machinery which had been fully depreciated, thus were on the books for a nominal value of $1, although worth far more. By selling off these assets, Albert picked up cash, which he used to buy more companies when he could not trade stock...
...week's end Albert was reportedly dickering with a New York group either to take over Bellanca or bail him out with cash. He had lost his holdings in Waltham Watch and resigned as chairman of Pierce Governor, which promptly proclaimed that it was in sound condition. Only Albert knew what shape Bellanca was in, but even he was not sure. When an aide was asked what properties Albert still owns, he replied: "I don't know, and I don't think Mr. Albert knows...