Word: perring
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...private equity funds seized on the rental market in major cities in recent years, all this was jeopardized by the need to generate fat returns of 15%-20% per annum. Worse, this business model was based on a dirty secret - expelling as many existing tenants as possible. This is the thuggish reality behind otherwise respectable-sounding prospectuses offered to investors to explain how they could service high debt on mortgage-backed securities. "The borrower anticipates to recapture approximately 20%-30% of the units [roughly within the first year] and 10% a year thereafter," explained a prospectus for a portfolio...
...have the right look, taste and melting point to go unnoticed by cocaine users, which may alone account for its popularity. "Ease of availability seems likely to be important," says Reinarman. "Let's remember that producer countries are widely agrarian." Levamisole is used on farms, and its cost per gram is minimal...
...even a modest decrease in daily salt intake can lead to dramatic health benefits. The authors documented an annual drop of as many as 120,000 cases of heart disease, 66,000 instances of stroke and 99,000 heart attacks caused by high blood pressure after a 3-g-per-day reduction in sodium. (See the best in health...
...team conducted a computer-based analysis to determine the impact of a 3-g-per-day reduction in sodium intake on rates of heart disease and death. They also calculated the cost savings emerging from the amount of disease that would be avoided because of lower blood pressure. The conclusion: by cutting salt intake nationwide, the U.S. could save $10 billion to $24 billion annually in health care costs...
...This comes just months after Carr dismissed an initial $16.3 billion approach from Kraft as "derisory." But when Kraft sweetened the terms of a deal - by raising the amount of cash it was offering alongside its own shares - it proved too difficult for Cadbury to resist. At $13.91 per Cadbury share, a 7% premium over Friday's closing price, the new deal is expected to win shareholders' backing before the deadline for approval expires in two weeks. Buoyed by that prospect, shares in Cadbury rose more than 3% in trading on Monday, to $13.70. (See pictures of what the world...