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Thus the battle of Waterloo, apparently, is a trivial historical subject, but the distribution of eye-colour among Frenchmen is not.
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The distribution is of course subject to the laws of microeconomics, but we we are trying to make the total steady and predictable.
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Mr Franzia's firm, the Bronco Wine Company, brings California's excess grapes to its plant in Napa Valley from all over the state. (The firm's use of the Napa name on its labels is, as a result, currently the subject of a lawsuit.) Bronco owns an efficient modern plant and has its own distribution network, so it can deliver wine directly to Trader Joe's warehouses, which keeps costs down.
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Distribution is deferred and subject to a clawback, linked to the future profitability of relevant deals and the bank as a whole.
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Even if the distribution is subject to a 10% penalty tax, it is only based on the basis of the stock.
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