Word: one-tenth
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Only Mutual Life Insurance Company of New York (MONY) balked at paying, claiming Granberg was still alive. Although phony death claims are extremely rare-less than one-tenth of 1% of all death claims are found to be fraudulent-MONY's chief litigation counsel, Jerry Alan Marr, was suspicious about Granberg. He "was overinsured for a man of his means," says Marr. A year ago, two other insurance companies, conceding Granberg's death, told his wife they would not pay double indemnity, or extra accident benefits, because they thought Granberg had died of a heart attack, not drowning...
...also a good way to scare the public. Paraquat can be lethal to humans if swallowed in doses as small as one-tenth of an ounce and can cause serious lung scarring if inhaled...
...million. None of these companies, however, has fallen into financial trouble. Says an Aetna official: "Our losses will not be insignificant. But our other assets are very secure, and our foundation is very, very solid." Aetna's Nos. 4 and 5 bonds represent little more than one-tenth of 1% of its $44 billion portfolio...
...likely to be over the sweeteners used in diet drinks. Low-calorie sodas, which make up some 20% of the carbonated-beverage market, have been growing at a 10% to 15% annual clip. That delights firms because diet drinks are the most profitable ones they make. Reason: saccharin, used in most diet soft drinks, costs one-tenth as much as sugar. But there is some concern that saccharin in extremely large doses may cause cancer; besides, the sweetener leaves an aftertaste. Firms have been experimenting with other artificial sweeteners. One of them, G.D. Searle & Co.'s aspartame, is more...
...such a grand occasion, the financial commitment sought by Reagan seemed piddling. As he put it, "The total amount requested for aid to all of Central America in 1984 is about $600 million; that is less than one-tenth of what Americans will spend this year on coin-operated video games." But failing to make such an investment, he insisted, would have dire consequences. "The national security of all the Americas is at stake in Central America. If we cannot defend ourselves there, we cannot expect to prevail else where. Our credibility would collapse, our alliances would crumble...