Word: optioning
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...People forced to economize by forgoing outings to restaurants will visit McDonald's to compensate, while lower-income people already frequenting McDonald's will tend to choose cheaper menu options there rather than giving it up," says Raphael Berger, deputy director of the consumer division at France's Research Center for the Study and Observation of Living Conditions in Paris. "McDonald's has successfully marketed itself as a festive and affordable dining option to young and less-affluent people. That is now starting to spread to other segments as people in most socioeconomic categories feel less affluent...
...Hanlon and other nuclear thinkers have suggested retooling existing weapons to improve reliability as an option. But the Energy Department's National Nuclear Security Administration, which develops America's nuclear weapons, has said it cannot meet the goals set for RRW by modifying existing weapons. Obama's position has backing in Congress, which has repeatedly refused to fund the program. (See who's who in Obama's White House...
Chrysler is nominally controlled by Cerberus Capital Management, which acquired an 80.1% stake in the company from Daimler AG in August, 2007. Fiat will get 35% of Chrysler under terms of the yet-to be finalized deal. The terms also grant Fiat the option of raising its stake to 55%. (See three Fiats you might like owning...
...dilution under the terms of the government bridge loan, agreed to in December. The bridge loan gives the U.S Treasury warrants to purchase 5% to 15% of the Chrysler shares now in the hands of Cerberus. Fiat will eat further into the Cerberus stake, and it also has the option of tapping into Daimler AG's remaining stake in Chrysler as a way to build its stake to 55%, according to Rebecca Lindland of the consulting firm of Global Insight...
...Many political analysts are predicting that a victorious Netanyahu could widen his base by forming a coalition with opponents closer to the center of the political spectrum, rather than aligning with parties even further to the right. That option could even see him offer Barak the job of defense minister again. The country's most decorated soldier, Barak allowed himself to be photographed often during the Gaza campaign in a black leather bomber jacket, poring over battle maps with his generals. This tough guy image sits well with Israelis, even if they were displeased that the Gaza war ended without...