Word: margining
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...need of a million or two. it was not extraordinary that he should come to us." Mr. Young told Counsel Jacobson that no questions were asked because "knowing Mr. Insull as you do . . . and bearing in mind that he had offered a note with a collateral margin of 40% which he offered to maintain and in addition endorsed the note personally, you will understand that I, as chairman of the General Electric, would not have asked Mr. Insull what he was going to do with the money." "Didn't you know by February 1932, that Samuel Insull was financially...
...finance the measure which gave relief jobs to needy undergraduates. The news will come as a distinct surprise to men who have shared two apparently fallacious beliefs which the administration has made no effort to correct: that the House Dining Halls were to be run on as narrow a margin of profit as possible, and that the money which made the relief possible had come from a reserve fund. There will be much resentment, and to a very small extent it will be justified...
...that students have small ground for complaint. The surplus was large, they will grant, but last year was the first that saw the House Plan in full operation. There was nothing upon which to base estimates, and when the profit is considered in terms of single meals, the margin was remarkably small. Moreover, when the surplus became definitely obvious, reductions in rates were effected which would prevent any more than a nominal profit. They will argue, finally, that the money had been put to a use which few would term unworthy...
...pile up a particularly impressive list of victories, it came very close to beating such teams as Navy, to which it lost by two points, it was nosed out by a strong Pittsburgh quintet by only three points, and was downed by the championship Eli five by the slim margin of four points. Accordingly, with only four regulars lost through graduation, and with several good players coming up from the Freshman quintet of last season, the prospects for a good season this year seem extraordinarily bright. But on the other hand, it must be remembered that the team faces...
...after, a recount of the votes for Fredric March showed that his performance in Dr. Jekyll & Mr. Hyde had beaten Wallace Beery's in The Champ by only one vote. Academy rule says the margin must be two or more. The dilemma was solved by ordering another gold statuet for Wallace Beery...