Word: marginally
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...mighty who have fallen. The church scandal was as much about complicit Cardinals as about wayward priests; the FBI field agents did their job, but their careerist bosses stuffed all the clues into their desk drawers. As for the CEOs, they raid company coffers to pay off margin calls or build new mansions; awash in options, they manage the stock price instead of the company; as their business falls into bankruptcy and the layoffs pile up, they float away on golden parachutes-or yachts bought with company loans. "I've fully understood that they don't always necessarily have...
...first varsity—undefeated during the dual season and blemished by only a loss to Wisconsin at Eastern Sprints— hardly faced a challenge through the competition, winning by over two lengths against a South African club in the semifinal and by an even larger margin against the British Molesey Boat Club in the final...
...DEBTORS Companies that binge on borrowed money, like WorldCom and Adelphia, end up with no margin for error. Robert Olstein, manager of the Olstein Financial Alert Fund, avoids firms whose debt is greater than half of total capital or more than five times their free cash flow. (Get these ratios at morningstar.com Enter the company name under "Quicktake Reports"; scroll to "Financials...
...INSIDER STOCK SELLING] [A little fishy] The family borrowed $1.8 billion from Adelphia to buy more of its stock and convertible bonds and subsequently used corporate funds to cover $241 million in margin calls...
...distribution business Li & Fung, based in Hong Kong, has applied self-organizing models from the natural world to stitch together a network of thousands of microsuppliers to keep its complicated--and generally low-margin--business running at a 30% profit margin...