In acquiring Centex, Pulte inherits around $1.7 billion in cash, doubling its cash reserve, said Vicki Bryan, a senior analyst at Gimme Credit, a bond research firm.
He has also splashed around a load of cash: doubling salaries for riot police; bumping up funding for the regions; hiking pensions.
His plan, one of the world's most audacious experiments in economic policy in recent memory, combines a flood of cheap cash (doubling the money supply in two years), traditional fiscal stimulus and deregulation of Japan's notoriously ingrown corporate culture.
This new cash doubles Meraki's total funding to $80 million from the $40 million it had previously raised through its Series C from Google, Sequoia Capital, DAG Ventures, and Northgate Capital.
About 160,000 couples were helped in the last Parliament from just £35m of funding; the extra cash will double that number and help train 10,000 relationship experts.
In 1988, Cash underwent double heart bypass surgery in Nashville, a warning bell which triggered a re-evaluation of his remarkable career by younger generations of listeners.
But on October 31st, David Norgrove, chairman of the Pensions Regulator, set out proposals that will involve a cash call double that amount to get rid of company pension-fund shortfalls over the next ten years, and there was no great fuss.
The Delta Petroleum Corporation, an oil and natural gas exploration company, has agreed to buy all of the Castle Energy Corporation's oil and gas properties in the United States for about $57.3 million in stock and cash to double its daily production of oil.
OFFICE DEPOT INC., Delray Beach, Fla., said it had received European Union approval to buy a stationery unit from Pinault-Printemps-Redoute, Paris, for about $1 billion in cash to double European sales and regain the lead as the world's largest seller of office supplies.
Details of the rates at which the levy would be imposed on the profits of companies such as Wonga have not yet been announced, but Labour said it aimed to raise enough cash to double the £13m currently provided by the government each year to fund the expansion of credit unions.
