Word: recouping
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Dates: during 1980-1989
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Official attempts to retrieve the hundreds of millions of dollars spirited out of the country by the Duvaliers have a long way to go. Last week Justice Minister Francois St. Fleur announced that Haiti will sue in France to recoup $120 million from the Duvaliers. Sources close to the investigation estimate that Duvalier and his cronies actually took three times as much...
...weeks of the primary race, the Democrat's face adorned local buses, along with the legend, "Mike Barrett speaks for us. His record speaks for itself." He said that since September, "my record is speaking for itself and it's on its own now, financially"--as he tries to recoup a $25,000 campaign debt by skimping on the paid media...
...sudden rash of U.S. business retreats was more than just a coincidence. In order to recoup their investments in South Africa, many companies that elect to leave find it necessary to advance substantial start-up loans to local buyers. GM, for example, plans to underwrite the sale of its $176 million in assets in South Africa to its own local executives and lend the new management an additional $44 million to wipe out the company's current indebtedness. These loans, which will be repaid from profits in future years, may be considered "new investments" in South Africa under...
...slashing wholesale prices, IBM hopes to enable dealers who have been hurt by industry-wide price cutting to recoup some of their losses. Says Anthony Morris, a major IBM retailer in New York City: "We were beginning to eat our own margins." Moreover, IBM will probably unveil additional measures to compete with the clones. Although the company with its vast resources (1985 sales: $50 billion) depends on PCs for less than 10% of its revenues, IBM does not intend to abandon the market. Industry insiders believe that it is about to market a new version of the PC-AT, with...
...turned into a pair of sold-out Lincoln Center concerts and a PBS television special. Sunday in the Park will reach PBS next week. Sweeney Todd (1979) has received the ultimate musical-theater accolade: being scheduled by the New York City Opera. Many of Sondheim's shows failed to recoup their investment the first time around. But unlike most songs in the genre, Sondheim's have the staying power to rebound to eventual success...