Word: fractionals
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Dates: during 2000-2009
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...company. In 2002 Polaroid was sold to One Equity Partners, an investment firm with a special interest in financially distressed businesses. (One Equity was a unit of Bank One Corp., now part of JPMorgan Chase.) Many retirees believed the purchase price of $255 million was only a fraction of the old Polaroid's value. Evidence supporting that view: the new owners financed their purchase, in part, with $138 million of Polaroid's own cash...
...decide whether to retire the new designs or try to produce them on a broader scale. In the U.S., Coke worked with MK12, based in Kansas City, Mo., to fashion a bottle that will get Coke noticed in the right places, as in music videos. On his blog, Matt Fraction, one of MK12's founders, described his team's artistic freedom: "They left everyone alone to do the work. No product placement, no credit. They didn't want a Coke commercial...
...force Harvard to blindly accept a troubled status quo. The problem with the overabundance of student groups can be seen in the glut of student publications, which currently total 34 with two more being added to the list shortly. It’s impossible to read even a fraction of them, and few students go through the arduous task of emptying overstuffed door boxes to even catch a glimpse of their covers. That’s not to say that half of all student publications should be shut down. But we should think twice before we create new ones...
...Thirty-six hours after the disaster, the authorities in Uri say they have counted 400 dead and 3,000 injured in their township alone. They acknowledge that that is a fraction of the likely final toll. Uri Deputy Commissioner Aiyaz Kakroo says 113,000 people live in 95 villages around Uri and 75 of those have suffered ?90% damage,? by which he means houses damaged beyond being inhabitable, or totally destroyed. ?We have fifteen to twenty thousand damaged homes,? he says. ?We need 50,000 blankets and 15,000 tents. So far we have two to three thousand blankets...
...districts would be rebuilt without government intervention because there is private incentive to build them (in the examples above, tourist dollars and shipping dollars, respectively). The victims of Katrina deserve more than rebuilding for the sake of rebuilding; they would be better off if the federal government spent a fraction of the proposed reconstruction money on helping them resettle in other areas of the country that are not in danger of being submerged and, more importantly, have more economic opportunity than the now-moribund coast...