Word: borrower
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Dates: during 1970-1979
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This loan violates a long-standing B&G policy, that non-department groups cannot borrow B&G equipment, which University insurance only covers during departmental use, Irene M. Foran, administrative assistant to the director of B&G said this week...
...worth of their stock options goes up, and raises the morale of employees, who see the value of their stake in pension funds increase. Consumers who own stock directly or through mutual funds feel richer. If they do not have ready cash, a rising market increases their ability to borrow: readily marketable stock that is going up in price is excellent collateral on loans...
...hundreds of billions of dollars that savers have deposited in them are in no danger what ever (see box). But many banks will be more careful in extending new loans, and so some consumers and businesses, especially those with less-than-top credit ratings, will be unable to borrow as much as they want. Indeed, for the banking system as a whole, the current troubles have brought a pause after a dec ade of pell-mell expansion and diversification in which Citi bank and its aggressive, caustically droll Chairman Wriston led the way. The outlook now is for several years...
Often the banks borrowed money for a short time and reloaned it to customers for much longer periods-forcing themselves to borrow ever more heavily to keep financing their new loans...
...Youth Movement--ending, "Long live world revolution, and death to imperialism!"--or the angrier speech by another African attacking the people who had pointed out inconsistencies in the backing of the Popular Movement for the Liberation of Angola, both of which drew applause. Or the persistent tom-toms (to borrow a phrase from the African Youth Movement) of the Spartacus Youth League which time and again rose to attack the MPLA for its stance on workers' movements, and who were, at last, hissed back into their seats by more ardent MPLA supporters...