Word: cashes
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Dates: during 1990-1999
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This is especially dangerous for a candidate whose spectacular early success in raising Republican hopes and cash owes more to who he is than to what he's done--and more specifically, to who his father is and what the Bush brand has come to mean. For many in the Governor's camp, the race is about restoring a moral bearing to politics, a return to the days when people (named Bush) who were groomed for high office brought credit and honor to it. Among Bush supporters there are the revenge camp, which wants to take back the White House...
...wants, say, $5,000 of AOL shares need put up only 50% of his own money. The rest ($2,500) is borrowed from a broker. It's a tantalizing deal. If AOL's stock moves up, you make twice as much profit as if you had paid all cash. If the stock dives, though, that leverage works in reverse. But few investors seem to focus on the downside...
What to do? Investors already in hock must prepare a game plan on how they'll raise cash if they face a margin call, says Lloyd Woelfle of American Express Financial Advisers. If you're a novice investor tempted to buy on margin, using leverage is O.K., but you may need to set aside more money than you think to play this game. If you buy on margin, better to stick to high-quality equities, which have a lower downside risk. Borrowing to buy volatile Internet stocks is walking the high wire. And right now that wire is really, really...
...Lake City's Olympic-bribery scandal forced the resignation or dismissal of 10 IOC members, the head of the Atlanta Olympic Committee, BILLY PAYNE, said his group won the 1996 Games without resorting to underhanded tactics. "We did not bribe anyone," he said in February. "We did not make cash payments. We did not give outrageous gifts." And in a June report to the House Commerce Committee investigating violations of federal bribery laws in Olympic bids, Payne and former Atlanta Mayor Andrew Young attested to only 38 items exceeding the $200-per-gift limit. However, after reviewing more than...
...again anytime soon; the economy seems to be slowing down just as it hoped." Thursday?s report isn?t a guarantee, though. Most of the slowdown was due to the trade deficit; imports aren?t counted in the GDP, although they do show up in the overall economy when cash-loaded consumers head to the mall. So inflation could still be lurking in the heart of the U.S. economy ?- but it?s not putting much fear in Alan Greenspan...