Word: payment
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...boss. In ongoing bankruptcy proceedings for PTL itself, an exasperated Judge Rufus Reynolds has thrown out a $115 million bid from a Toronto firm for the theme park, cable network and other holdings, deciding instead to have an auction this week. If the price is not right, or payment terms are not favorable enough, the judge could sell off the properties separately...
...last week's meeting Walsh criticized a proposed restructuring of water payment rates as too kind to institutions, saying afterwards that the plan exemplified the city's "fear of the power of the universities...
Being a professional ballet dancer is tough too, and the challenge must be met during adolescence. There is, of course, the need to develop perfection of technique. Add to that the care of one's body, the avoidance of drugs and drink, rent payment and roommate control. Most important, however, is the reinvention of oneself as an alluring theatrical image that rewards the eye -- and blinds it to the charms of the next performer in line...
...University has invested $20 to $40 million as one of 70 participants in a limited partnership managed by the Wall Street firm Kohlberg, Kravis, Roberts, and Co. (KKR), which will make the down payment for the buyout. It is not clear how much Harvard money will actually help finance the takeover...
Boskin proposed a two-tier system, with a flat monthly payment aimed at helping people stay out of poverty and the upper tier tied strictly to how much people paid into the system...