The question – already sensing that 2020 cash bind, thanks to George – is how the BBC itself sees a negotiated, consensual, more friendly future.
Even the top endowments experienced severe double-digit declines during the financial crisis, when hedge funds failed to perform as expected and illiquid alternative investments left some major universities facing a cash bind.
Now consider how Mr. Obama has hinted that, if faced with a cash bind, he'd default on U.S. debt service, so as to pay other U.S. obligations.
So don't let the lure of tax savings now put you in a cash bind later, cautions CPA Jude Coard, a partner at Berdon LLP in New York.
But it is easy to see where an expansion policy like Conseco's could leave it in a cash bind even as it reports decent profits.
Predicted spending cuts could increase discontent among the population, which has widely supported its government, and even put the organizers of the 2018 World Cup in Russia in a cash bind.
Despite such protests, though, China's cash is bound with invisible strings.
Out of cash and bound by economic accords that peg its sales tax to steep Israeli rates, the Palestinian Authority is struggling to salvage its legitimacy in the eyes of the public, and officials have blamed Israel for its economic woes.
Thus, it can be no surprise that audiences gathering in any part of the world to hear a recent winner of two years' worth of concert engagements, a recording contract and more than $12,000 in cash are bound to be disappointed.
The program, extended last week with a $2 billion cash injection, is bound to thin the herd.
