While corporate managers frequently incur large obligations in order to acquire businesses at premium prices, most pension plans have very minor flow-of-funds problems.
Governor Cuomo has a larger obligation.
It would, however, represent an important down payment on that larger obligation.
The Lower Manhattan and Port Authority planners understood their obligation in the narrow sense: to serve their clients, forgetting their larger obligation to the people of New York.
Actuaries said the board's approach could ultimately force these companies to report a much larger obligation than they now do.
Some Santas say they now feel a larger obligation to speak up in the face of giant, expensive wish lists, an obligation to lower expectations in a way that only Santas (not parents) can get away with.
The run at Polaroid, and the risk now at airlines and other companies, is being made worse by a technical issue that turns lump-sum distributions into a much larger obligation than the companies accounted for when making contributions to their plans.
And don't Susan and Dr. Centrifuge, as members of the academic scientific community, have a still larger obligation to disseminate their results?
Or do they have a larger obligation?
Someone who, despite his party loyalties, understood that he owed a larger obligation to the nation.
As we focus on the 2014 election cycle, the larger obligation of our efforts should be to add as many new voters to the pool as possible -- especially those who have historically been left behind.
