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The company cut cash distributions to its investors to $1.23 per share unit in 2009, from $1.92 the previous year.
West Virginia plans to cut cash assistance payments by 25percentt on Aug. 1, reducing the monthly allowance for a family of three to $340, from $453.
"When you take bills out of circulation at short notice, that's going to cut cash demand in the future," Rogoff told me.
But news that the Nobel Foundation plans to increase its investment in hedge funds, because years of low returns forced it to cut cash prizes in 2012, is one to leave laureates scratching their eggheads.
In reality, they say, executives and boards are just finding creative ways to cut cash compensation while making up the loss in ways that take advantage of weak disclosure requirements.
The release highlighted how much Feinberg had cut cash salaries from the year before (more than 90 percent in the case of some of the companies, but that was because the millions in salarized stock did not count as "cash"), as well as total compensation (more than 50 percent in some cases).
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Either way, the tournament will most certainly not be just another limited-field, $8.5 million, no-cut cash cow looking for dramatic tension.
There were tax cuts, cash for clunkers and even fridges, along with schemes to help the young unemployed.
On the other hand, applying a new scheme also to existing cases increases payments for some fathers and cuts cash for some mothers.
His $50 billion stimulus proposal, though, is packed with the same type of tax cuts, cash gifts and public works spending that have done little to prod demand over the past decade and a half.
Awash in tax-cut cash, American companies have announced a record $436.6 billion worth of such buybacks so far in 2018, close to double the record $242.1 billion spent in that way in all of 2017.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com