But the question analysts are asking is whether the ECB's leverage was used to good effect.

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Now, with all the fees, not many a film pays off at 2-to-1, but the deal could still make sense if the investor used a lot of leverage to goose the tax effect.

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The large pension funds would be justified to leverage their financial clout to effect social change here to accomplish what elected officials have failed to do, which is to better protect our local communities.

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This lock-in effect gives Facebook some leverage to control ancillary economic activities both on and off Facebook, as well as make poor anti-user product choices and avoid punishment in the marketplace.

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"Such efforts, which would have the effect of enhancing Soviet energy leverage over the Baltics, make a mockery of Western claims to support those whose independence movements are being crushed by precisely this device, " Gaffney added.

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If things do proceed in this manner, the odd effect of recapitalisation will be to increase leverage in the system.

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There has been growing speculation that Intel might leverage its expertise in semiconductor manufacturing with an aggressive move into the foundry business, in effect taking on Taiwan Semiconductor and others in the business of producing chips for others.

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