Word: groundworks
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...coups: an early version of the securitization program - by which the company's receivables were packaged as debt instruments and sold to investors - and a retainer to advise Parmalat in the acquisition of Beatrice Foods in Canada, a transaction valued at $310 million. Ferraris also laid the groundwork for a complex financing scheme through a Delaware company called Buconero, the Italian for "black hole," which Citigroup set up for Parmalat in 1999. Buconero loaned a total of $137 million to a Swiss subsidiary of Parmalat that then distributed the money to other Parmalat companies. Buconero received a guaranteed return...
Dolgetta said the ’80s Dance laid the groundwork of the new breed of HoCo parties. Following in the footsteps of Leverett once more, Cabot plans for an encore of Cabot Country this spring...
...Telecom, reducing the government's stake to under 50% for the first time; on Sept. 2 it was finished. Last month he moved to waive inheritance taxes on sums below €100,000 per estate, suspended a 3% corporate tax, and withstood stiff protests from unions to lay the groundwork for the partial privatization of Electricité de France. He also deplores France's 35-hour workweek, and says it must be changed to allow those who want to work more to do so. And consider the blatant interventionist. Sarkozy brokered the €2 billion state bailout of engineering giant...
...larger, less agile competitors. Citron isn't ready to sell just yet. There are about 26 million homes and small businesses in the U.S. with broadband, and Vonage needs to capture only a fraction to build a sizable business. In the meantime, Citron and his investors are laying the groundwork for an IPO. Citron declines to speculate on his or his company's future, but he's certain he has made his mark. "No matter what happens with Vonage, the world will forever be changed because of what we've done," he says. Or your phone bill will be changed...
...though he was a good coach, laying the groundwork for the Crimson’s restoration, his teams never quite made the leap back into the upper echelon of collegiate hockey powers. In Harvard’s three NCAA tournament appearances under Mazzoleni, the Crimson was eliminated in the first round on each occasion, right on the cusp of fulfilling its promise...