"Based on our review of these criteria," the letters say, "we have found no reason for T.V.A. to purchase your property or offer compensation for any diminished value of your property".
By the time he returned, the Sunday Times accounts had been adjusted to show a diminished value.
As an example of diminished value of folk knowledge, consider the detailed knowledge wazee exhibit concerning the various compositions, prescriptions and uses of natural salt licks.
- The prevalence of postdoctoral fellowships and the fact that they are almost required to get an entry-level PhD job highlights the diminished value of a PhD degree.
For Vodafone, the write-down of £4.5 billion reflected the diminished value of Arcor, a fixed-line phone company it inherited when it bought Mannesmann of Germany, as well as stakes in China Mobile and Grupo Iusacell of Mexico.
JDS Uniphase, a producer of fiber optic lasers, said in April that it was seeking guidance from the Securities and Exchange Commission on how to engineer a large write-off to reflect the diminished value of the assets it had acquired.
The diminished value of traditional knowledge is not a new arena in knowledge disciplines, as we can point to an extensive array of examples where local, traditional ecological knowledge is devalued by external, expert, interventionist knowledge of science and policy (Nadasdy 2003; Goldman 2003).
Certainly the spectacle of Vivendi's crumbling convergence strategy has made the going that much harder for AOL Time Warner, which has had a tough time convincing Wall Street of its technology and entertainment marriage since it took a $54 billion write down in April that acknowledged the diminished value of its merger.
Williams listed four factors for the weaker sales: smaller Greek athletic competition sites, the diminished value of the dollar, security worries and a diminished level of promotion by the Greeks when contrasted with the marketing efforts made by Sydney.
"Prices in the market have not changed a bit," grumbled Sadiq al-Hamoundi, as he contemplated the diminished value of the $10 remaining from his wife's emergency payment.
CBS said it would take a write-down of about $14 billion to account for the diminished value of its TV and radio stations, which have been hard hit by the advertising downturn.
