Word: borrowings
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Joseph Ricci, who runs a private school in Maine for children with behavioral problems, spent more than two years trying to borrow $700,000 from as many as five banks. But even with $17 million in assets and an unblemished credit history, Ricci walked away empty-handed. "We demonstrated to all of them how we could carry the loan. But the banks were just not lending money to business," he says. Ricci went to a finance company and within six weeks got a loan...
...President seems bent on adopting a feelgood strategy -- a limited action designed, above everything, to ensure a swift exit, a policy that defines success as merely having done something without regard to the ultimate result. By all accounts, Clinton aims to "level the killing fields," to borrow the words of British Foreign Secretary Douglas Hurd. The Serbs, says the President, have benefited from the West's de facto intervention; the United Nations-sponsored arms embargo has had the "unintended consequence of giving the Serbs an insurmountable military advantage, which they have pressed with ruthless efficiency." Lifting the embargo under...
...with the Carter presidency. Initially, he seemed to enjoy Lyndon Johnson's rapport with Congress and Ronald Reagan's popularity among the electorate. And the first-hundred-days legislative agenda he proposed promised to rival Franklin Roosevelt's. But there is one person whose playbook he has neglected to borrow: his wife...
Because of this lack of funding, the Boston Croquet Club became an integral part of the team's success, since it allowed Bannon and Fogarty to borrow the mallets they used to bring home the trophy...
...DOES ONE GET TO BE "THE EDUCATION PRESIdent"? Borrow your program from George Bush. Bill Clinton, of course, would not put it that way. But his first plan for educational reform is largely a request that Congress write into law six goals that Bush and the nation's Governors agreed to in 1990. The most important provisions: the government would set up a board to establish standards for schools, teachers and students to meet in both academic and vocational education and put up $393 million to encourage states to find ways to meet those standards...