Word: borrowings
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...that time Sams ordered Warren Kimbro and Lonnie McLucas to borrow a different car and told them they were going to take Alex Rackley to a bus station and let him go. The car was borrowed. Alex Rackley, still bound at the hands and neck, was led to the car by Sams and Kimbro. Sams had a 45, Kimbro (according to McLucas) a rifle. Lonnie McLucas was driving. On the highway, Sams ordered McLucas to turn off into the woods, saying he had decided to release Rackley there. He ordered the car stopped at the end of a dirt road...
...rate of 8.3%. Some bankers suspect that Federal Reserve Chairman Arthur Burns is expanding the supply rapidly in hopes of bringing down interest rates to help out his fellow Republicans in the November elections. Key short-term interest rates already have fallen. The "federal funds" rate at which banks borrow excess reserves from each other has declined from 8% or 9% earlier this year to 5⅞% in New York City...
...same time, the profits of major banks in the New York and Chicago money centers have been rising. Bunting says, for example, that in July and August the earnings of First Pennsylvania ran 25% ahead of the preceding year. Meanwhile, the profits of many corporate customers, who must borrow at 8% or more, are falling...
...Jersey Bell offering in mid-June. Some other interest rates have shown even greater declines over the same period; the average yield on tax-exempt bonds issued by states and cities, for example, has fallen to 6.16% from a record 7.12%. The "federal funds" rate at which banks borrow reserves from each other is down to 6.75% from 9.75% early this year. Even home-mortgage rates have backed off a bit from their highs, easing to an average 8.97% from 9.3% at the end of June. The drops have brought home buyers and state and city treasurers their first welcome...
...properties by $15 million. But it was the postwar building boom that finally made the ambitious and by now well-seasoned Zeckendorf a "bee in clover." Basically, a successful real estate deal is an economic snowball operation. You find a good property, make a minimal down payment, borrow as much as possible at low interest, then sell high to finance the next deal. In addition to having an uncanny instinct for all the complex variations of this pattern, Zeckendorf had the vision to expand beyond New York into the fastest-growing areas in the country...