Word: costs
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...owner of the Dallas Mavericks basketball team, for selling his stake in the Web company after the CEO slipped him nonpublic information about an additional stock offering. Cuban, known for his outsize personality, has come out swinging against the SEC and what he calls its "win at any cost ambitions," promising to keep the case - and the murkiness of insider trading law - in the public spotlight in a way not seen since Martha Stewart's sale of her ImClone shares...
Many lenders, the advocates hope, are starting to see not just the financial benefits of avoiding foreclosure - the avoidance of legal costs, boarding-up and lawn-mowing fees, sharply discounted resale values - but the p.r. dividends as well. That may be especially true for companies like the San Francisco-based Wells Fargo. Though it didn't indulge in as much subprime lending as other banks, it is being sued by the city of Baltimore for allegedly using predatory lending practices in predominantly African-American neighborhoods that have since seen inordinately high foreclosure rates. (Wells Fargo denies the accusation...
...page of fascinating elucidation of a nation and people that desperately require understanding. Iran is a young country. Some 75% of Iranians are under 35, and it is this demographic that is responsible for the wit and poignancy that make Transit Tehran so absorbing. It has come at a cost: some contributors were jailed during the volume's preparation, hounded by a state that brooks no threat to its cultural authority...
...Crimson scoreless in the extra session. In what’s becoming a recurring story, Harvard was once again hit by a number of untimely penalties that disrupted its momentum, particularly in the third period. “We took too many penalties, and that might’ve cost us the win tonight,” Fraser said. “We’re taking penalties at bad times in the game. We came out in the third period and were able to score right away, 3-2. Unfortunately, we took a few penalties in the third period...
...deterred shipping companies. Though some have changed their routes to avoid the Gulf of Aden, with the global economic downturn threatening to drive down demand for their services, they appear willing to risk the occasional ransom payment in order to stay in business. Nor are they transferring the cost to customers. Tony Mason, secretary-general of the London-based International Chamber of Shipping, says the pirate attacks have not pushed shipping rates significantly higher...