Word: tenfold
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Dates: during 1990-1999
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...charges against all Florida sugar farmers. Far from polluting the Everglades, sugar farmers have made their runoff water twice as clean as the legal standard. The $3 billion-to-$8 billion Everglades repair cost is for replumbing the entire water system of South Florida, where the population has grown tenfold since the system's construction in the 1950s, with suburbs pushing out farmland. Sugar farmers have spent millions meeting one of the nation's toughest water-quality standards. Rather than sparing sugar, the 1995 farm bill ended domestic acreage allotments, restricted low-risk loans and created a domestic free market...
...stepped down sooner, given his errant attempts to time the market over the past two years. Tisch, a contrarian, is smarter than most. After oil prices receded in the early '80s, his company bought oil tankers and drilling rigs at scrap-metal prices and later sold them for a tenfold gain. But he's lost big betting the company's cash against the Standard & Poor's 500, and its stock has suffered as a result...
...your favorite CEO really in charge? Sandy Weill has engineered a tenfold stock gain while at the helm of Travelers Group and its predecessor companies since the mid-'80s. But last month Travelers merged with Citicorp to form Citigroup. Weill now serves as co-CEO with John Reed in an unwieldy structure that is slowing the integration of the two companies and frustrating top deputies. Underscoring that point, Weill protege and presumed heir Jamie Dimon was forced to resign last week. The co-CEO thing won't last, and my bet is that Weill will emerge...
...hand, Feldenkreis owns a splendid company in Miami called Supreme International, a leading supplier of men's and boys' casual sportswear to such stores as Macy's, Sears and Target. Supreme has lived up to its name in the 1990s: revenues have increased more than tenfold, to an estimated $220 million this year. The company has been on an acquisition binge. Even better, Supreme continues to roll merrily along as though dark clouds were not gathering over the economies of half the world...
Under this system, though, accidents of geography can create dramatic inequities. A patient who could afford to wait in, say, Dallas might get an organ that could have gone to someone on the brink of death in nearby Fort Worth, Texas. Varying patterns of supply and demand can create tenfold differences in waiting times. According to computer models cited by the government, these inefficiencies cost as many as 300 lives each year. Says John Fung, transplant director at the University of Pittsburgh: "There's no justification to keep the current system...