Word: borrower
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Dates: during 1980-1989
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...argument began, police say, when Beverli Black accused her boyfriend of spending their last $15 on crack. She stormed out of their one-room apartment in Freeport, L.I., late one night last week to try to borrow some food stamps. Daren Jenkins, 23, an unemployed cabinetmaker, stalked over to the bed where Black's son Batik was sleeping. High on crack, an extremely potent and addictive form of cocaine, Jenkins allegedly beat the little boy to death. Batik would have been three years old this month...
...worry in the U.S. economic picture, TIME's board members agreed, is the virtual standstill of domestic capital investment. Even though the prime rate that U.S. banks charge their best corporate customers has fallen from 10.5% to 8.5% in the past 18 months, business executives now seem reluctant to borrow money to expand. Spending on plant and equipment actually declined 5.4% in the first quarter of 1986, an event that was almost without modern precedent for a U.S. economy that was not wallowing in recession...
...Government expects to save some $2 million a year on the new program. One reason: the cards will cut down the amount of money the Army has to borrow for cash advances to its personnel. Moreover, Citicorp, which owns Diners Club, has agreed not to charge the usual $55 annual fee on the cards. Citicorp will still receive payments, however, from restaurants and stores that accept the plastic. Like all Diners Club members, the soldiers will receive a $150,000 travel life insurance policy. It will cover them when they take a commercial bus, plane or train, but not when...
...course, there were. Beaton's photography, as Susan Sontag noted, could turn the most celebrated subjects into "over-explicit, unconvincing effigies." His drawing was often slick and derivative, and his stage work was best when it could borrow grandeur from a vanished period. But the great achievement was not in these efforts. It was for a long-running production titled Cecil Beaton!, with sets, costumes, lighting, direction and dialogue by the author. No epitaph by friend or critic could equal the one he ad-libbed for himself when a journalist reminded him that he had not been born with...
...amount a student can borrow under the GSL program will be increased from a flat $2500 to $3000 for the first two years of education and $4000 each year after that. The eligibility standards for loans will also be more restrictive, requiring that all students pass a needs test, not only those whose families earn more than...