Word: payout
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Dates: during 2000-2009
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...speculation that politics was behind the move is "exactly wrong," a career Justice Department prosecutor involved in the case told TIME. Government attorneys were caught off guard in February by a circuit-court ruling that severely limited the payout they could seek from Big Tobacco, said Justice Department officials. Under the racketeering statutes cited in the case, the government could not recommend a penalty for any past wrongdoing and instead was restricted to proposals geared to prevent and restrain future action. Prosecutors scrambled to adjust their case. The solution, based on recommendations by longtime Justice lawyers...
...We’re really excited that we made all three,” Schubert said. “We’re going to practice all this month, and if we’re lucky, we’re going to see that payout in Austin...Watch out for us in [there...
...payout to schools from the endowment is set far in advance. In December 2004, the Corporation voted to increase the endowment payout for next year—fiscal 2006—by just 4 percent...
...Corporation also authorized the payment of an additional 4 percent in endowment payout for programs that have been touted as top priorities of Harvard administrators...
...flip side: if the company can't find investment opportunities for all that cash, then why not hand it over to shareholders? ExxonMobil already gives its investors a hefty payout: last year it returned some $15 billion in the form of dividends and share buybacks. The company recently increased its dividend 7% and announced that it would accelerate its share buybacks by $1 billion a quarter, to $3.5 billion. At that rate, ExxonMobil could repurchase some $14 billion in stock by year-end. That's no small number, yet the company has the capacity to share even more...