Word: buys
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Dates: during 2000-2009
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Grousbeck said he was motivated to buy the Celtics when he watched the sale of the Boston Red Sox baseball team to New England Sports Ventures. At the time, the basketball team was on sale for $360 million—then the most expensive team in the history of the NBA. It made $23 million per year...
...directors is a former attorney general). There is no public record that the government ever issued a competitive tender for the cars. "When every single vehicle is bought from one dealer and nobody could remember ever seeing an advertisement from the government saying, 'We want to buy these vehicles,' alarm bells start ringing," says Mwalimu Mati, who runs an anticorruption organization called Mars Group Kenya. "That's the reaction that people had." (See the most important cars of all time...
...back to their old tactic of making up figures to support the Politburo's predictions." He points to inconsistencies in other statistical indicators: car sales jumped 94.7% in August, for example, yet gasoline sales rose just 6.4%. "There are reports that central government officials have ordered state enterprises to buy fleets of vehicles and that these businesses are storing them in parking lots across the country," he says...
...reach of the average Chinese. Not only could that cause social discontent, it may also dampen consumption - which China's policymakers desperately need to increase. If families need to allocate more and more of their income to housing, that drains away the cash that's available to buy other consumer goods. (See pictures of the best-selling cars in China...
...reports that in Shanghai on Oct. 30, more than 200 potential buyers crammed into the sales office of a new housing development, snapping up 120 of the 150 available apartments in just one night. Several weeks earlier in the central Chinese city of Wuhan, 300 people lined up to buy new apartments, some of them arriving two days before the sale. A picture in the local press showed eager customers who brought chairs and folding beds to camp outside the sales office with their families...