Word: payoffs
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Dates: during 2000-2009
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...Obama usually left a winner. But he reaped a bigger payoff politically. When he announced his plans to run for the U.S. Senate, his poker pals - white guys from small-town Illinois - were among his earliest supporters. Link says the Wednesday-night gang didn't realize how far Obama would go: "Nobody said, 'Mr. President, it's your deal.' " But Obama's risk-averse, methodical approach to five-card stud gives Link confidence in his potential governing style. "If he runs his presidency the way he plays poker, I'll sleep good at night," he says...
...United Drive-In Theater Owners Association and the passionate proprietor of Bengies, a drive-in theater in Baltimore, Md., are determined to succeed on ticket sales alone. He says he "puts [his] heart and soul into it. It's taken 22 years but it's a big payoff. People are really starting to appreciate and respect what...
...starts small and usually shares the risk. When he wins, he wins big. Branson's initial $10 million investment in Virgin Blue, for example, earned him a payoff of an estimated $500 million when the company went public, although the stock has since declined. When he fails, he always has an exit strategy. "If it doesn't work, we'll bow out gracefully," he says of Virgin America, where his total investment is $72 million. He put $25 million into Virgin Nigeria, but problems with the Nigerian government contributed to $82 million in losses last year, considerably reducing the profits...
...traditional five or six percent of HLS graduates going into public-service law has now doubled to about 12 percent.But even with this new trend, both Ruttenberg and Shabecoff note that to graduates, a position in a private sector job often is easier and has a greater economic payoff: the salary at a typical law firm starts at around $160,000, compared with an average salary of $45,000 in public interest work. Regardless, HLS hopes that their efforts in funding, like guaranteed funding for summer work, will help continue the increased interest in service-related jobs. A ROUGH ROAD...
...state is on stark display 180 miles (290 km) south of Amendolara in the town of San Luca. This is the heart of 'Ndrangheta country. The Calabrian mob - whose name derives from the Greek word for "honorable man" - controls wide swaths of territory through intimidation and extortion. The payoff has been great: it has grown into a world leader in cocaine trafficking, with an estimated $47 billion in annual revenue. But the toll has been heavy. The "Massacre of Ferragosto" - the gangland killing last Aug. 15 in Duisburg, Germany, of six young men from in and around San Luca...