Word: debts
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Dates: during 1990-1999
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...huge company faces a number of other problems, including the need to restructure the enormously complex cable system business, reducing or eliminating duplicating work in the post-merger world, and of course focusing once and for all on how the remove the albatross of $17.5 billion worth of debt. But perhaps the most immediate concern is whether Time Warner and Turner can successfully combine their disparate corporate cultures. TBS, through its flamboyant leader, has something of a risk-taking personality, while under the more introspective and cautious Levin, Time Warner has shown itself to be more conservative. At least...
...work an "important contribution which set up the formal methodology which has been put into textbooks of micro-economic theory as a standard fact." Vickrey, a professor at Columbia University, has made news for another, more unconventional economic stand: advocating that the government take on more debt. "The insane pursuit of the holy grail of a balanced budget in the end is going to drive the economy into a depression," he told reporters. -->