Word: happeners
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...there anything we could do now to prevent this wave from coming? Probably not much. One of the main points of the book is to show how private equity and leveraged buyouts don't work, and even if the credit crisis I'm predicting doesn't happen - even if the economy recovers and some of the companies can refinance and push their debt off - the core practice is still destructive. Many of these companies will fall apart anyway. In the 1980s, when Michael Milken was funding buyouts, 52% of the biggest 25 companies acquired ended up going bankrupt...
...Conditions were pretty good, which doesn’t always happen. Looking back, I wanted to be higher,” Chenoweth said. “It was a tough race. I think that I was trying to switch gears...
...speak to. And nobody believes anymore that good design can produce a more virtuous world. But all those steadfast geometric tea sets and tubular steel furnishings drew lines in the collective consciousness. They're still basic to our picture of the modern home--even if we don't happen to live...
...earmark for transit purposes to purchase a fleet of BRT (bus rapid transit) buses that will at least reach into predominantly minority corridors at a faster clip than conventional metro bus lines. Says Miami-Dade Public Works Director Esther Calas, the stimulus trickle-down "wasn't really crafted to happen as fast as it could have, but once it gets to us we're expediting it quickly." She points out that Miami-Dade Mayor Carlos Alvarez championed an ordinance last year that accelerates contracting processes related to any kind of economic-stimulus project...
...Xiamen in 2007 and a demonstration against a proposed petrochemical facility near Chengdu in 2008. "They are generally directed more toward proposed projects that they think may have an impact to health or property values," he says. "These are classic 'not in my backyard' protests that you see happen in developed western countries." And with few effective avenues for people to voice their complaints about the ambitious industrial projects springing up around the country, McElwee says, they "will continue to happen, I think, with increasing frequency...