Word: kote
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...asks a young man carrying a box on his shoulders. He points to the slide. "There are 90 dead bodies in that." Tawoos Hussain Manhas, 20, is a civil servant who works in the capital of Indian Kashmir, Srinagar, but who was brought up in the village of Kamal Kote, a few miles away from Uri. When he heard of the disaster, he drove home to help out. He hasn't washed or slept since. The army, whose presence in the garrison town of Uri is almost oppressive, has not tried to cross the landslide. "No one has visited here...
...walk with Tawoos and his friend Altaf up a steep goat track toward Kamal Kote. They are carrying a sack of flour, 20 packets of biscuits, three loaves of bread, three eggplants, one cabbage, some tea, a bag of sugar, a box of candles and a few loose cigarettes. They are the relief effort. "I buried 27 people yesterday," says Tawoos. He is pale with lack of sleep and bitterness, and has to take frequent rests. He tells us there are 317 dead in Kamal Kote, a village of perhaps 1,000. His head is spinning with...
...After a couple of hours, we round the final spur and Kamal Kote is before us. A valley of yellow rice terraces juts out over the Jhelum valley below and runs like a scale to the base of precipitous peaks above us. Cicadas are singing in the golden sunset. There are cedars and apple trees and clusters of big houses with handsome shiny metal roofs. But something's not right. There are deep cracks on the path we're on. Dust is swirling around the mountainsides above us. And a closer look at what we thought were houses reveals they...
...dead bodies," says one officer. "Everywhere around us: in people's gardens, in their fields, in any spare patch of earth. And there's 67 more we know of still under the rubble. And then there's all the soldiers." He points to the ridge line which encircles Kamal Kote and which marks the heavily fortified Line of Control separating Indian and Pakistani Kashmir. "Hundreds of dead bodies," he says. "Thousands. They're surrounding you." And by candlelight, he finds us a place to sleep on the soft, shaking earth...
Despite such impressive showings, most of the companies that have been bought by their managers are weighed down by debt. Scott's $133 million in outstanding obligations is more than five times as great as its shareholders' equity. Nu-kote's $55.6 million in debt amounts to more than eleven times equity. If sales plummeted or interest rates rose, those debt loads could become crippling burdens. The new manager-owners have made a good start at running their companies, but the test will come during the next economic downturn...