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Word: pretax (lookup in dictionary) (lookup stats)
Dates: during 1990-1999
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Usage:

Roberts says he is leaving to travel and teach, but several staff members contend that he is exiting primarily because he was worn down by his ongoing tug-of-war with Knight-Ridder officials. Worried about flat circulation (522,000) and flagging advertising revenue (despite respectable pretax profits), the corporate managers tightened Roberts' purse strings. This spring he lost a page of space on weekdays and twice that amount on Sundays. He also had to report to a publisher newly appointed to oversee both the news and business operations, a combined position that Roberts vigorously opposed. The biggest challenge facing...

Author: /time Magazine | Title: Press: The Passing of an Era | 8/13/1990 | See Source »

...went to work for the Amoco Production Co. but within two years founded JNB Exploration Co. Walters invested $150,000 in JNB, about half the money Bush needed to get started, and received a limited 6.25% interest that allocated 19.5% of JNB's pretax profits to him. There never were any. Good bought a 25% limited partnership in 1983 for $10,000. The next year, Good lent Bush $100,000 to play in the commodities market with the understanding that he would not have to repay it if the investment went belly-up. Bush admits that was an "incredibly sweet...

Author: /time Magazine | Title: Neil Bush: It's A Family Affair | 7/23/1990 | See Source »

Donald Trump is not alone in his misery. Hapless borrowers, crushed by debts they assumed during the go-go 1980s, have made the term "cash crunch" a byword of the '90s. The average U.S. company is so loaded down with loans that it must spend fully 50% of its pretax earnings on interest payments, vs. 32% in 1980. "The major issue facing the nation is that people and companies can't live off debt indefinitely," says Louis Masotti, a professor at the Stanford and Northwestern business schools...

Author: /time Magazine | Title: Forgive Us Our Debts, Please! | 6/18/1990 | See Source »

...bought Lincoln Savings and Loan, we had a fair market value as a family of many tens of millions of dollars. We produced, we were making money, we had excellent assets. We took a failing S&L, we made $17 million in the partial year we first took it, pretax. We made $100 million the next year. Then the Feds started helping us run it, so we only made $80 some million in the third year. Their help intensified in '87, and we made about $60-plus million. In '88 they really came in and took us over...

Author: /time Magazine | Title: Interview with CHARLES KEATING: Money Talks | 4/9/1990 | See Source »

Even if the eight-year-long Reagan recovery limps through 1990, credit contraction and stagflation will leave many casualties. The most exposed sector is corporate America, particularly its most leveraged members. The Bush budget assumes that pretax corporate profits this year will rise almost 20%, to $360 billion. But forecasters like M. Kathryn Eickhoff, a former colleague of Greenspan's, think profits will stagnate at best. Says she: "These conditions will mean a real squeeze on the restructuring plans of highly leveraged companies." The net effect: many highly leveraged firms will find it difficult to make their interest payments...

Author: /time Magazine | Title: Better Watch Out | 2/12/1990 | See Source »

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