Word: payouts
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Dates: during 1990-1999
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...YORK: Did you really think tobacco companies were going to foot the bill for that $206 billion payout to the states? Kings-of-smokes Philip Morris and RJR announced Monday that they would be raising cigarette prices by 45 cents a pack. The rest of the Big Five are expected to follow suit -- this despite analysts' calculations that the 25-year settlement could be paid for with increases of only 35 to 40 cents...
...much will Jones pocket from the deal? Certainly not the full amount, since she has had at least five sets of lawyers with possible legal bills to present. (The Rutherford Institute has run up $400,000 on her behalf.) Clinton should be able to fund the payout from his insurance and his Legal Expense Trust, which as of August held about $1 million. The settlement does not exempt him from a possible contempt citation by federal judge Susan Webber Wright for lying about his affair with Monica Lewinsky in the Jones case. But the deal will give the President...
...ultimate payout to students is unknown because the IM is not the final say in financial aid. Like most schools, Harvard deviates somewhat from the IM's recommendations...
Daniel said the Corporation will meet this month to set the net payout from the endowment for fiscal year 2000, an amount that will be unaffected by the market fluctuations in the meantime, he said...
...President and the Corporation have often stated a goal of spending between 4 and 5 percent of the market value of the endowment each year, but during the last two years it is has stayed well-under that amount. The current payout is estimated at only 3.7 percent...