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			<title>VP/Project Manager, Data Governance</title>
			<link>http://www.ababj.com/myblog/olearys-credit-essentials-two-faces-of-leverage.html#pc_807</link>
			<description>As usual, excellent and insightful information. Two concepts I like to use to illustrate leverage are: the physical lever - the tool that allows one to do more work than one could do without it. Remember being able to press down on one end of a see-saw and lift a bigger kid? But do you also remember what happens when you let go?!
The other concept is turning the debt-to-net worth ratio upside-down. Having a debt-to-net worth ratio of 2:1 means, in a practical sense,that for every dollar of equity, two creditors have a claim on it. - John Staugaitis</description>
			<pubDate>Fri, 04 Mar 2011 12:18:36 +0100</pubDate>
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