Word: cushioned
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Dates: during 1970-1979
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...that, many of Wall Street's capitalists do not have enough capital. To provide a cushion for investors and creditors in case a firm fails, the New York Exchange requires every member firm to have at least $1 in net capital for every $20 in liabilities. One big problem is that brokerage firms often have part of their capital in securities, which can plunge in value when the market drops. The securities are often borrowed from outside investors, who are paid a 10% annual fee for their...
...Japanese, however, will help cushion the impact. At the annual Cabinet-level meeting between the two countries, held last week in Seoul, the Tokyo government pledged $100 million worth of new loans and promised to study the possibility of $59 million more...
...Rockingham Park, after a rain, things are different. The Rockingham Park track does not drain rain water very well. After a rain most of the track is a mire of heavy goo, but the rail still has the hard cushion. The answer is that the running surface is sloped a little towards the infield right near the rail. The rain water that falls near the rail drains off quickly...
After a rain the whole track looks like a big mud flat, but there is a difference. The track cushion, the running surface that the horses' hooves actually hit-below the loose dirt scattered on top, is hard near the rail and soft and mushy for the rest of the track. Any horses not running on the rail slides and slips in the uncertain going and runs poorly...
After building a 6-2 cushion in the bottom of the seventh on the strength of two-run blasts by Carl Yastrzemski and George Scott, the team indulged in their fetish for late-inning dramatics in a familiar...