Word: fractionating
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...MacCready's fascination with flight, aircraft account for only a small fraction of the total business of AeroVironment Inc. The company, which he founded in 1971 with fellow Caltech aeronautical engineers Tombach and Peter Lissaman, derives most of its annual $17 million revenue from the monitoring and control of air pollution and hazardous wastes. One current contract, for example, involves determining the contribution of Arizona's giant coal-fired Navajo power plant to the haze that sometimes hampers visibility around the nearby Grand Canyon...
...Arts, a 25-year-old institution that provides arts education to about 1,300 students a year, most of them black, Hispanic and Asian. It holds a $50,000 NEA grant to fund a special masters voice class for budding opera singers. This grant is just a fraction of its $1.7 million annual budget, but Joyce Perry, development director, feels "very disturbed" about the assault on the endowment: "Community institutions like ours depend on the NEA. We're established now and can get other funds, but there are other grass-roots organizations just starting out that can't make...
...trying to handle the mess -- too frank and realistic for President Bush, who aims to replace him with William Taylor, a low-key Federal Reserve veteran. But, however long Seidman stays, thousands of other professionals are involved in the bailout. Faced with the task of recruiting staff at a fraction of the pay they'd earn in private industry (running S&Ls into the ground, say), the RTC has, sensibly, been luring seasoned executives out of retirement. Further, as required by law, the agency has been farming out most of the task to the private sector, where a growing army...
...many as 20 patients at the Veterans Affairs hospital sold their drugs to dealers. One patient convinced VA officials that he needed 60 Dilaudid a month to treat his severe arthritis. Another made a $1,200 profit, even though the going rate was $10 a pill, a fraction of the $25-to-$45 street value...
...have been an "insurance theft," where the criminals hope to make their money by bargaining with the museum's insurance company for a cash fraction of the value. That might sound hopeful, except that there is no insurance company to bargain with. The Gardner Museum -- like many other U.S. museums -- carries damage insurance but no theft coverage on its collection. To do so in the context of today's art prices, a spokesman explained, could cost some $3 million a year; the museum's total operating budget is only $2.8 million...