Word: stake
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...provide credit for midsize businesses. And Commerzbank, Germany's second biggest bank, has said it is to be partly nationalized. The German government's bank-rescue fund, the Financial Markets Stabilization Fund (SoFFin), will provide €10 billion in fresh cash to Commerzbank in exchange for a 25% stake plus one share in the bank. "We are weatherproofing our bank for an economically stormy environment. This will enable us to fulfill our responsibility to offer loans to the German economy and to ensure we will continue to be a reliable partner for our clients," said Martin Blessing, chairman...
...race to a recount but later apologized for the comment - Coleman stood in a room full of supporters in the State Office Building and declared, "While I understand there is a desire by a small number of people to simply move on, something greater than expediency is at stake here ... Sometimes [democracy] is messy and inconvenient, and reaching the best conclusion is never quick because speed is not the best directive - fairness is." When reporters mentioned the names of Senate majority leader Harry Reid and Franken, Coleman's crowd hissed, jeered and booed. As Coleman left the room, the supporters...
...Patriarchate, he has been a leading Orthodox figure abroad and has long championed improved interfaith dialogue. He played a backroom role in reuniting the Moscow-based church with followers of the Russian Orthodox Church outside of Russia, though he has been criticized for allegedly profiting from the church's stake in the alcohol and tobacco trade in the 1990s...
...Though other large operators, like Charter Communications and Cablevision, don't have a stake, they agreed to carry the channel after the big boys signed on. Thanks to baseball's rather inexpensive asking price, companies have been more willing to play ball with MLB. Baine says that while the NFL demanded an 85 cents-per-subscriber fee from operators to carry its network, baseball asked for a more reasonable 25 cents. The network will appear on the basic digital tier of every major provider except for the Dish Network. "No one is going to get 50 million homes...
...provide," says DuPuy. "It makes sense from an economic standpoint, and plus, these companies are partners that will help grow the game, and at the end of the day, that's to everybody's benefit as well." Baseball's bet: in five years, it will have a 66% stake in a network worth $1 billion or more, instead of a 100% cut of a company worth $660 million or less...