Word: payoffs
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...logic, it may be Mahoney himself who isn't fit for the job. In recent days, he has battled allegations of a dalliance with a former staffer and an alleged payoff to stay hush, as well as a second affair with a high-ranking county official that may have gotten mixed up with official business. As ABC News first reported, Mahoney's romance with 50-year-old Patricia Allen began on a campaign stop in 2006. Following his election victory, she joined his congressional staff - but was soon moved back to his campaign staff. After terminating their relationship and then...
...because "it never came up in discussions that there was a competing market or a competing desire." But she didn't raise the idea, either, he said. The volumes of gas were so small, it didn't seem worthy of consideration. He said Palin has focused on a bigger payoff: construction of a 1700 mile pipeline to the lower 48 that could catalyze gas production on Alaska's North Slope...
...pipeline. But the majors aren't likely to agree to pay someone else tariffs for pipe they could lay themselves, and this they have steadfastly refused to do without long-term tax breaks from the state. Palin's initiative was "bold but unworkable, a big splash with little payoff," says University of Alaska energy economist Doug Reynolds. He predicts no movement on a pipeline until Palin agrees to negotiate with the producers...
Those are odds most of corporate America would blanch at. But for drugmakers, high-priced gambles have long been the reality of research and development. To be sure, when they do hit the jackpot, the payoff can be enormous: Roche's pharmaceutical division alone raked in more than $30 billion in sales last year. Its total sales reached $43 billion, generating profits of $10.5 billion. Nonetheless, the days of this trial-and-error approach may soon be over. All of Big Pharma is feeling pressure--from Wall Street, regulators and customers--to take a smarter path to discovery for that...
...takes issue with that assessment. Over Labor Day weekend, while waiting for Obama to finish an event, David Axelrod, the nominee's top strategist, noted that their strategy is broader than McCain's and therefore requires a lot more leg work, but that it has more of a potential payoff. "We're going into Nov. 4 with many different scenarios to get to 270 electoral votes," he says, squinting at airplanes buzzing overhead, part of Cleveland's annual air show. "I think their path is very, very narrow, as is their thinking...