Word: cushions
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...character that make the movie O.K. James knows how to use his girth to comic effect. If horror is about geometry, comedy is about physics: the pretzeling and punishment a body can take. James' pratfalls don't give the impression of hurting because he has such a capacious cushion to fall on. His grace in motion isn't exceptional, but he could medal in Segway. There's a perfect meeting of actor and character in one little scene when Paul discovers Amy and the other hostages in a small bank: instead of busting in like an action hero, he just...
Airplane crashes have become rare in the U.S. and water landings even rarer. Says Amanda Ripley, a former TIME writer and the author of The Unthinkable: Who Survives When Disaster Strikes: "All the instructions they tell you to do - taking the life vests from your seat, grabbing a cushion as a flotation device - are all very difficult to follow in that kind of a landing. Hitting the water is incredibly jarring. It is quite an impact. Many people may black out." Adds Ripley: "The plane sinks quickly. You have to recover from the shock, unbuckle your seat belt...
...University will also convert existing short-term tax-exempt debt into bonds with longer maturities, allowing the University to postpone short-term payments to debt holders and retain a larger financial cushion to the volatility in the credit markets...
...analyst Mike Mayo, who has been a long-time bear on Citi, says the company has adequate capital to survive. When you factor in the $25 billion Citi got from the Treasury's Troubled Asset Relief Program, Mayo estimates the bank has as much as $100 billion in cash cushion...
...Here's the math: Citigroup has, as Mayo said, about a $100 billion equity cushion, which could be wiped out if loans go bad. At the end of the third quarter, Citigroup had $17 billion in commercial mortgage bonds. According to Barclays Capital, the average CMB price has fallen 34% since the beginning of October. So erase $5.8 billion in equity right there. Citigroup was also a player in advising private equity companies on 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...