Word: recouping
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...complained about making too much money. Loading up on tech stocks seemed like a no-brainer when the bubble was inflating. Who knew we should have been blaming our brokers all along? Lawyers working on contingency fees, that's who, and they are eager to help recoup the $3 trillion that investors have lost since the NASDAQ tanked last spring. For retirees who fried their nest eggs or boomers who blew their kids' college tuition on margin, the road to restitution could be as easy as dialing 877-CAN-I-SUE (where you'll reach some New York City lawyers...
...Mirwan Suwarso has a better idea. The 30-year-old Jakarta native last year became the first private individual to turn a soccer team into a business entity, buying West Java's Bogor-based Persikabo football club. Suwarso hopes to take the club public in five years, and to recoup his $300,000 investment he plans to introduce a host of promotions and giveaways. NFL-style halftime shows, children's soccer workshops, a fan club and other off-pitch diversions are part of an effort to make his team a complete entertainment package?and justification for raising ticket prices...
...Pacific Northwest National Laboratory study shows how the Federal Government, the largest energy user with 500,000 buildings, could spend $5.2 billion to reduce its energy consumption 20% and recoup the investment in little more than five years. The Energy Department's Lawrence Berkeley lab developed a fluorescent table lamp that matches the output of a 150-W bulb using a quarter of the energy. When Ari Fleisher was asked last week whether the President would be asking citizens to change their lifestyle given that we consume more energy per capita than any other people on the planet, he said...
Though Leahy denies the figure, launch customers such as Singapore Airlines, Virgin and Qantas are reportedly buying the A380 for as much as 40% off the original list price of $235 million--compared with $215 million for the biggest version of the 747. To recoup the $10.7 billion it will expend to birth the A380, Airbus must sell 250 of them in five years. "The company has an awful lot of eggs in that basket," says Paul Nisbet, an industry analyst at JSA Research in Newport, R.I. "The A380 will live or die on its own sales...
...film of Michael Crichton's novel Rising Sun - and then changed the identity from Japanese to American, to stifle Japanese protests. This summer's big item is Pearl Harbor, and we'll bet the "enemy" is portrayed gingerly. Unlike World War II films, this epic hopes to recoup at least some of its multiquillion-dollar budget in Japan...