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...average of about $5,000 a month on Triple A clubs, the highest level in the minors, to $700 to $1,100 a month for both Class A ball and the lowest level of professional baseball, the rookie league. The parent clubs buy equipment and pick up the tab for 75% of the meal and hotel bills when the farm teams are on the road. The expenses add up: most franchises spend between $3 million and $4 million on their minor-league affiliates. The majors pocket none of the profits, but they do get the opportunity to develop...

Author: /time Magazine | Title: Bonanza In The Bushes | 8/1/1988 | See Source »

...assets that the thrift operators gambled away on risky loans are mostly long gone, leaving the FSLIC to pick up the tab. The Government is suing the managers of both thrifts for more than $100 million, charging them with fraud and negligence. But most of the $1.35 billion payout will come from the FSLIC's reserve fund, which is largely composed of premiums collected from...

Author: /time Magazine | Title: Too Far Gone To Bring Back | 6/20/1988 | See Source »

...enough. In a city where the symphony is struggling to keep its head above water, the odds against a smaller group were evidently just too long. Although the ensemble plays more than 100 concerts a year and tours Europe annually, it needs help to meet the annual tab of about $500,000 for keeping its eleven musicians playing...

Author: /time Magazine | Title: In Michigan: The Music Fades | 5/2/1988 | See Source »

...Harvard Corporation approved the increase above last year's $17,100 tab earlier this week. The hike is nominally steeper than last year's, but higher inflation makes this year's increase a comparative bargain in real terms...

Author: By David L. Greene, | Title: 1988-'89 Tuition Hits $18,210 | 4/8/1988 | See Source »

...trillion) than all previous Presidents combined. In the process, he and Congress have more than doubled the national debt, to $2.36 trillion. Meanwhile, interest on the debt has snowballed, threatening to bury the financial fortunes of generations to come. If the trend is not slowed, the annual net interest tab will surpass $200 billion in 1992, more than the U.S. deficit. Put another way, the budget would move into surplus were it not for interest on past deficits...

Author: /time Magazine | Title: Special Report: Cutting the Deficit: A Legacy Of Largesse | 2/29/1988 | See Source »

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