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low-ball |
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``I guess there's this notion of low-balling a good hand until the guy raises you,'' the Van Nuys Democrat says. In this case, there's a second way that low-balling equipment costs fuels the upward spiral of cash rents, and it comes from the combination of two disparate sources, old iron and biotechnology. The 1999 agreements allowed the companies to each contribute $6 million or less to nonprofit "educational" foundations he established rather than pay fines that in one case could have totaled more than $2 billion for allegedly low-balling policyholders and engaging in other illegal tactics to minimize claims losses. |
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