Word: bail
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...Immediately, the bank kicked up controversy. It refused to bail out Sogo, a hopelessly debt-ridden but beloved chain of department stores, forcing it into bankruptcy. And the bank initiated bankruptcy proceedings against First Credit Corp., Japan's biggest mortgage-loan specialist. Aside from overhauling its investment-banking business, Shinsei also launched a retail business featuring fee-free, 24-hour services at its network of 56,000 atms?a concept considered revolutionary here. Shinsei offers savers returns higher than those of traditional banks, at which, Yashiro notes, the annual interest income on a 1 million yen deposit?about...
...tense flight--the captain had warned that Reid might have accomplices onboard--passengers and crew guarded their prisoner, one of them keeping a grip on his long ponytail. Escorted by Air Force fighters, Flight 63 was diverted to Boston, where Reid was taken into custody. He was denied bail on Dec. 28, and is awaiting trial in Plymouth, Mass...
Immediately, the bank kicked up controversy. It refused to bail out Sogo, a hopelessly debt-ridden but beloved chain of department stores, forcing it into bankruptcy. And the bank initiated bankruptcy proceedings against First Credit Corp., Japan's biggest mortgage-loan specialist. Aside from overhauling its investment-banking business, Shinsei also launched a retail business featuring fee-free, 24-hr. services at its network of 56,000 atms--a concept considered revolutionary here. Shinsei offers savers returns higher than those of traditional banks, at which, Yashiro notes, the annual interest income on a 1 million yen deposit--about...
BRITAIN No Smoking Gun The case against the first person to be accused of involvement in the Sept. 11 attacks appeared to collapse when a British judge found insufficient evidence to detain Lotfi Raissi on charges of terrorism. The Algerian-born pilot walked free on $14,200 bail after lawyers said the FBI had failed to supply direct evidence that he had trained the Sept. 11 hijackers. Raissi, who spent five months behind bars, still faces extradition to the U.S. on charges of making false statements when applying for a pilot's license...
...tense flight-the captain had warned that Reid might have accomplices onboard-passengers and crew guarded their prisoner, one of them keeping a grip on his long ponytail. Escorted by Air Force fighters, Flight 63 was diverted to Boston, where Reid was taken into custody. He was denied bail on Dec. 28, and is awaiting trial in Plymouth, Mass...