Word: write-off
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...corporations that I know of. Companies like Time Warner, Disney and Vivendi Universal are paying this as annual interest. TIME implied that I left "a slew of dubious new assets." The truth is that all the acquisitions under my leadership delivered the originally budgeted returns and Bertelsmann faced no write-off. You also wrote that Bertelsmann owner Reinhard Mohn "was so upset by Middelhoff's tenure." Our disagreement was primarily over my desire to make Bertelsmann a publicly held company, not about Bertelsmann's financial performance. Under my leadership, the company's revenue nearly doubled, the operating profit (EBITDA) more...
...corporations that I know of. Companies like Time Warner, Disney or Vivendi Universal are paying this as annual interest. TIME implies that I left "a slew of dubious new assets." The truth is that all the acquisitions under my leadership delivered the originally budgeted returns and Bertelsmann faced no write-off. You also write that Bertelsmann owner Reinhard Mohn "was so upset by Middelhoff's tenure." Our disagreement was primarily over my desire to make Bertelsmann a publicly held company, not about Bertelsmann's financial performance. Under my leadership, the company's revenue nearly doubled, the operating profit (EBITDA) more...
...change in the coming year, with Washington explaining more clearly to its partners how it will be assessing progress. (Hint to China: paying Pyongyang?again?just to show up won't count in the "success" column.) Don't be surprised if Washington publicly declares this diplomatic investment a write...
...case $3,500 more than for a regular Escape, which looks nearly identical. In exchange, you get gas mileage that is nearly twice as good in the city (36 m.p.g. vs. 20 m.p.g.) and 6 m.p.g. better on the highway. And for now, you get a $1,500 tax write-off from Uncle Sam. Do the math, and you quickly realize that you still won't save money overall with a hybrid. But you will spend less time at the pump and drive the most fuel-efficient SUV in America...
...that gets only 10 m.p.g. As might be expected, consumption rose 1.5 million bbl. a day over the past decade, to 8.8 million last year. But for owners of pricey vehicles like the Hummer, it keeps getting better. The tax-cutting bill signed into law in May expanded the write...