Word: recoupment
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...happy week for the heads of the nation's tobacco companies. Former Brown & Williamson research chief Jeffrey Wigand, the industry's highest-level whistle-blower to date, began giving depositions to lawyers for the state of Mississippi, which is suing the industry to recoup the public-health costs it attributes to smoking. Though Brown & Williamson obtained a gag order on Wigand from the courts in Kentucky, where the firm is based, a Mississippi judge refused to honor the ruling...
...even Norton concedes that cutting costs in its medical education infrastructure may not be adequate to recoup the loss in Medicare revenue...
...made up the difference. But three years ago, in the midst of California's particularly nasty recession, those payments were suspended. "The state is withholding about $1 billion a year," says Yaroslavsky. "Guess what? Our deficit is $1 billion a year." Orange County allowed an executive to try to recoup part of the lost funds by speculating in derivatives. He lost. Los Angeles merely borrowed, but could end up nearly as broke...
Malenfant hopes the CCA can recoup politicalcapital by being less partisan and by consultingwith its candidates more...
BUSINESS IS BOOMING. TURIN, A TRIP organizer from the small Dominican town of Miches, runs three trips every month. With each boat carrying 100 refugees, he grosses about $150,000 a year. If a boat capsizes or is captured, he gets another one and schedules an extra trip to recoup his costs. Says Turin: "There are always people willing to go." Recently, as darkness fell on Miches, Turin and his assistants and bodyguards whisked through the town, picking up passengers from safe houses and taking them to a gathering point on the beach. He was expecting a new batch...