Word: borrowing
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Defying Gravity. As long as housing fails to gain, this year should be an easy one in which to borrow mortgage and other long-term money. Though inventory buying in fear of a May 1 steel strike is increasing demand for commercial and other under-a-year loans, most bankers see little chance that short-term rates will rise any time soon. But a coming squeeze on bank profits could easily lead bankers to tighten up later in the year. After all, no one can indefinitely defy the economic laws of gravity by paying more for money and lending...
...industrial growth. ENEL now faces the task of continuing a high-voltage expansion program just when money is scarce and it is burdened with annual compensation payments of $350 million to private industry. Last week ENEL was forced to turn to foreign markets in an effort to borrow the money it badly needs...
...sermons dealt with a starving man who had long had a pet rabbit. The rabbit jumped into a fire in order to provide food for his master, and, as the flames flared up, was transformed into a vision of the Buddha?a vision the Vietnamese monks were to borrow for their own purposes. Accompanied by his favorite monks and nuns, Buddha was content to be fed by local admirers and once scandalized his band by eating in the home of a courtesan. His last incarnation completed, at 80 Buddha lay down in a sola grove to die, passing...
Johnson had not only subdued the bankers but, quite unlike the case of President Kennedy's turnback of the steel price rise in 1962, left few visible scars on the business community. Business leaders, who like to borrow their money as cheaply as possible, were in no mood to complain. Wall Street was cheered by the continuing prospect of easy money; the stock market, which suffered its worst fall of the year (11 points) on the day that the Boston bank raised its rate, promptly recovered most of the lost ground. Such criticism as there was fell less...
...Pittsburgh, people in the back rows began sneaking out halfway through his address. In Milwaukee, Lyndon missed his lunch, made up for it by stopping at William Balsmider's grocery and asking for "a little hunk of baloney" and half a dozen peppermint sticks. He had to borrow $1 from a Secret Service agent...