John Friedman, an economist at Brown University, estimated that as a result the drugmakers would gain benefits of $242 billion over a ten-year period—a healthy return on the $130m the industry spent on lobbying in the year the law passed.There is plenty of other academic evidence to demonstrate that every dollar big business drops into the Washington wishing-well repays handsomely.
The resulting package of €45 billion would be enough to finance Greece's budget deficit for the rest of this year as well as repay its maturing debts.
Land sales – which local governments are relying on to fund basic services, as well as repay their stimulus bank loans – are at a standstill, and some analysts expect private housing starts to fall by 20% this year.
Hoping the revitalized IPO market will net up to $175 million, some of the proceeds from the offering will be used to build a headquarters and warehouse in China, as well as repay a personal loan guaranteed by co-founder Fred Chang.
As well as repaying existing bank debt, the new loan appears to have been used to refinance a FFr405m loan from the Jersey company.Mr Al Fayed has numerous offshore companies, none of which is obliged to publish any financial information.
Yet, as well as repaying some debt, some of the money saved will be returned to shareholders, though the firm frustrated investors by refusing to say how much.In this section The people's oil The ex-bosses fight back Deep down under The missing link Some Iraq, not much SARS Did somebody say a loss?
In the course of the draft, Orlando had been bartering with several other clubs, and three selections were already earmarked for trades, earning City an extra pick in this season's SuperDraft and next year's, as well as repaying Kansas City for the Collin trade.
As well as repaying the $4.1bn Islamic bond that was duetoday, called a sukuk, the cash will be used to provide interest payments and working capital through to the end of April, by which time Dubai World hopes to have agreed a restructuring of its debt.
As well as repaying the loan ahead of schedule, the cricket club said it would also establish a "community benefits" package.
"The premise is borrow less, borrow smart and repay well," she said.
