Word: sells
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...greatest concentration of brickworks in Europe. But right now, La Sagra's factories aren't making much of anything. "The warehouses are full," says Carlos Duque, general secretary for the Castilla-La Mancha branch of the construction workers' trade union MCA-UGT. "They just don't have anyone to sell...
...idea behind the Macquarie model is to borrow a lot of money cheaply, buy infrastructure assets with a guaranteed cash flow, then sell those assets to the public, letting shareholders take over the debt. Macquarie and imitators like Australia's Babcock & Brown make money at every step, with fees for the deal, for advice, and for managing the assets. Macquarie runs toll roads in America, bridges in Portugal, French autoroutes, a tunnel in Germany, and airports from Sydney to Copenhagen. About 290 million people ride its buses each year, and 17 million light...
...runs $55 billion worth of infrastructure assets, including ports in Britain, an Irish phone company, real estate across Italy, France, Germany and Japan, a fleet of jets, Australian gas, American rail stock, even a telecom cable under San Francisco Bay. Now the credit crunch is forcing it to sell off assets to cut its debt, estimated to total $35 billion...
...addition, according to the Harvard College Handbook for Students, “Students who sell lecture or reading notes, papers, translations, or who are employed by a tutoring school or term paper company, are [liable for disciplinary action] and may be required to withdraw...
...appetite for it. When George H.W. Bush marshaled dozens of allies to push Saddam Hussein out of Kuwait, when Ronald Reagan stared down the Soviets with intermediate-range missiles, when F.D.R. went off on a Caribbean cruise and dreamed up the lend-lease program - and then managed to sell it to a highly skeptical public - all represent moments of leadership that required brinkmanship as well as salesmanship, a flair for grand strategy as well as a fine sense of tactics...