Word: staking
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...them to play together. But if he was tactically shrewd to offer to meet with Bush, drop all the lawsuits and recount ballots across the whole state, not just in heavily Democratic counties, he couldn't resist taking the truth out for a spin. "What is at stake here is more important than who wins the presidency," he said, and talked about that special something we all cherish and pledge allegiance to. "That's what I'm focused on. Not the contest, but our democracy...
...also discussed how every vote really and truly can count. People care about politics because a lot can be at stake. But in the end, all of the contentious partisan issues are minor compared to our shared belief that we should abide by the final tallies. The Constitution may seem old and rickety, but it's actually wondrously tensile, as is our people's shared faith...
Corporate takeovers get all the attention. How could they not? Billions of dollars and thousands of jobs are at stake. Then there's the rock-star status of dealmakers like GE's Jack Welch. But the ugly truth about mergers, running at a record clip again this year, is that a great many don't work out. It should be no surprise, then, that amid so much merger mayhem, company divestitures are running high as well...
...results are similar in cases in which a subsidiary is only partly divested. Known as equity carve-outs, these divestitures tend to be IPOs of less than 20% of a business. The parent retains the bulk of the stock--and control--but often later gives that stake to shareholders as a tax-free dividend. Early this year 3Com sold 17% of its white-hot Palm unit in an IPO, then gave the rest to shareholders in July. The average carve-out does well. Palm has doubled since July, although it remains below March's mania levels. But parent companies tend...
...Every day, it seems, there are more lawsuits presenting intriguing new facts. In Seminole County, Democrats have filed a lawsuit claiming that Republicans illegally completed portions of some voters' absentee-ballot applications; some 4,700 votes are at stake. And the NAACP held hearings in Miami Nov. 11 in which black voters gave disturbing testimony about being intimidated from voting in a variety of ways - from being required to provide IDs that were not required of white voters to being denied legally required translators. The Justice Department is investigating the claims. Republicans, meanwhile, are charging Democrats with targeting more than...