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But Ms. Snowe, who prefers a public option fallback that would be "triggered" by failures in the marketplace, has increasing leverage to dictate that outcome if she chooses.
Newsprint orders from companies like Gannett, Knight Ridder and the Tribune Company grew so big that those companies had increasing leverage to cut deals and choose from among the many small mills.
The People's Daily newspaper, considered the Communist Party mouthpiece, ran an article citing an anonymous "authoritative" figure from within government as saying increasing leverage to cope with deflationary forces was like "growing a tree in the air".
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So to achieve the returns that investors expected, the professor's fund had to increase leverage to about nine times from about two times.
These demands may include steps that would increase the company's risk profile, for example through increased leverage to repurchase shares or pay out special dividends, or spinoffs that leave the resulting companies with smaller capitalizations.
The movement's candidates did well in last month's election, giving them increased leverage to shape a new government that they say should not be led by the incumbent prime minister, Nuri Kamal al-Maliki.
Shortages allow workers to drive their salaries higher, since they have increased leverage to negotiate with.
"While we believe the Democrats have increased leverage to pressure AT&T-BellSouth for concessions, we suspect they are more interested in strengthening merger conditions than scuttling the deal".
Targets for EPS and return on equity, for example, can be achieved by increasing leverage at the company perhaps to repurchase shares.
But the pressure is always to use the battlefield to increase leverage at the negotiating table.
We find unlevered betas to decline in value for increasing leverage ratios l and to increase with increasing k.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com