Word: stakings
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Meanwhile, just to the north, in Kokomo, Ind., Rich Boruff, vice- president of the United Auto Workers local 685, is closely watching the developments. Kokomo boasts plants for Chrysler and one of the nation's largest auto parts suppliers, Delphi. So there is much at stake. Boruff and his troops have been calling and e-mailing their Congressional representatives, urging them to support a bailout for the major automakers. The consequences of a bankruptcy declaration from either of the Big Three, he fears, are just too severe. "It'd kill us," he says...
...drug giants use various measures to hold up the release of cheaper copies of their brand-name drugs when patents expire, the Commission said. The most common tactic allegedly involves filing multiple patent applications for the same medicine - so-called patent clusters - that stake out an extremely broad claim for a drug's intended use and physical form (for instance, whether as a liquid, a capsule or a pill). In one case, the E.U. found 1,300 patents for a single medicine. Other tactics condemned by the Commission include launching litigation that lasts nearly three years on average, and lobbying...
What's at Stake: A lost bag, the contents of which are valued...
...leveraged buyouts. As part of that business it lent money to the companies in such transactions. Now many of those deals look over-leveraged and ready to default. Those bonds are off 19% since the end of September. Citigroup holds $23 billion in leverage loans. So mark down that stake by $4.4 billion...
...debt. So the most the government could invest in Citigroup would be $20 billion, which is the amount equal to what is held by current shareholders. If Citigroup were to issue shares to the government greater than its current value, taxpayers would be left with a more than 50% stake in the company...