Word: totalizer
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...Crosstown rivals United, meanwhile, flush with the proceeds of Ronaldo's sale, are unlikely to squirrel the cash in the bank. The result? "It may well be the total level of expenditure this summer will break records," says Simon Chadwick, a professor of sport business strategy and marketing at Coventry Business School, but he adds that spending could be "heavily, heavily skewed toward a small number of clubs...
Chances are, there is much more unraveling - deleveraging, to be technical about it - to come. Gluskin Sheff's Rosenberg looked at the ratio of household debt to total net worth and figured that for things to fall back in line with where they've been historically, Americans would have to get rid of some $3 trillion to $5 trillion in debt over the next few years. (Read "Lidia Bastianich Saves Our Dough.") Lansing and San Francisco Fed colleague Reuven Glick ran a simulation of what would happen if U.S. consumers followed a path similar to that of Japanese businesses...
...Study of Adolescent Health, the largest and most comprehensive survey of health-related behavior among adolescents between 7th and 12th grade, which started in 1994. Slightly more than half of the study's male participants had low-level activity on the MAO-A gene, and about 3% of the total pool reported having joined a named gang in the past year. (See pictures of gangs in New Zealand...
...announced over a month ago that it was raising the pandemic alert to phase 5 (out of six phases), there were 114 confirmed cases in just a handful of countries, along with an unknown - though suspected to be large - number of infections in Mexico. That wasn't a huge total, but H1N1 was clearly spreading and it fit the WHO's very specific criteria for the pandemic phase to change from level 4 to level 5: it was a novel influenza virus that was sustaining human-to-human spread in at least two different countries (in that case...
...investigation, carried out by a French magistrate responding to a lawsuit filed by the anticorruption watchdog Transparency International, has established that the Bongo family owns at least 33 luxury properties in France worth a total of $190 million, including a Paris villa bought in 2007 for $26 million and a Paris mansion bought the same year for a further $25 million. That last pile was officially bought by Bongo's two children, Omar Denis and Yacine Queenie, who were 13 and 16 at the time. The family, through Bongo, consistently denied corruption, although not that they owned the properties...