Word: partnerized
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...real estate venture, for example, can deduct from his taxable income a share of the venture's losses based on the amount of his investment. Yet his actual liability is limited--hence the name of the arrangement--to the cash value of his initial in vestment. Thus if a partner invests $10,000, or 10% of a partnership's total investment, and the venture loses $700,000, he will be able to write off $70,000 but will be liable for only $10,000. The study revealed that such losses on limited partnerships (about half of them in the real...
...small band of smugglers last March, when Undercover Agent Richard Witkowski, posing as an arms dealer, held a meeting in Orlando with Charles St. Clair, a Californian who claimed he wanted to aid Iran in its war with Iraq. Witkowski later met with St. Clair's partner, Paul Sjeklocha, a California-based science writer. Sjeklocha allegedly told the agent he had netted up to $8 million in arms deals over the past two years and presented Witkowski with a "shopping list" of weapons that included Sidewinder, Sparrow, Harpoon, Phoenix and French-made Exocet missiles. In June, Witkowski signed a contract...
...mergers as good for the economy, many critics voice strong doubts. They charge that even the friendliest consolidations can derail careers, disrupt communities and create unmanageable mountains of debt. Perhaps worst of all, evidence is accumulating that many celebrated past mergers have been colossal failures. Warns Sigurd Reinton, a partner in the management-consulting firm of McKinsey & Co.: "The benefits of mergers and acquisitions are often overrated. You cannot generalize and say all acquisitions are bad, but there is a sufficient number that, at least in hindsight, should not have taken place to suggest a need to tread carefully...
Just how immediate a threat AIDS poses to heterosexuals is much debated. The fact is, nobody knows. "There is nothing about the biology of the virus to lead us to think anyone is immune solely on the basis of the type of sexual partner," says Volberding of San Francisco General. "Heterosexuals are clearly at risk of acquiring the disease from sexual contact." The Burk family of Cresson, Pa., is a sad case in point. Patrick, 27, a hemophiliac, contracted AIDS from a contaminated batch of blood-clotting factor, which he requires to control his condition. His wife Lauren...
...Libya and Syria. Last year the two brothers were convicted in absentia for involvement in the 1981 hijacking of a Pakistan International Airlines jet, during which a Pakistani diplomat was killed. Over the past 18 months, Shahnawaz was said to have given up his underground activities and become a partner in a fashionable Geneva restaurant. But French police said they found two revolvers and several forged passports in his apartment, along with the first draft of a book on Pakistan he had been writing...