Word: cash
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Dates: during 1980-1989
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...with assets of $31 billion, was indignant in 1987, when the fees it pays the Federal Savings and Loan Insurance Corporation for insurance coverage on deposits went up by 150%, to $43 million a year. Healthy S and Ls like Great Western were being forced to subsidize the cash-starved agency's efforts to rescue scores of poorly managed, insolvent institutions...
...five years, ever since West Germany agreed to deploy intermediate-range nuclear missiles aimed at the U.S.S.R. The gulf widened in 1986 when Kohl compared Gorbachev with the infamous Nazi propagandist Joseph Goebbels. Now the missiles are going, and Gorbachev has evidently swallowed his personal grievance in hopes of cashing in on Europe's newfound enthusiasm for his grand plan for reform. And cash in he did. The 70 top-ranking West German businessmen who accompanied Kohl offered the Soviets a $1.7 billion line of credit and some 30 trade agreements worth about $1.5 billion. Only two weeks before...
...Gruson report that Swami Ham now wants to build a new community in Pennsylvania or New Jersey where one could ride out nuclear war, the AIDS epidemic and economic depression. He has learned a fundamental truth about the great river of being: one can never step into the same cash flow twice...
...example, could load the company with enough debt to make it vulnerable to rising interest rates and a recession. Since Philip Morris will borrow about $9 billion to buy Kraft, its obligations too could become uncomfortable. The tobacco conglomerate is confident, however, that its cigarette business will generate enough cash to pay off its debts...
...offer of $360 million but later added to the package. After signing the pact in Washington last week, Foreign Secretary Raul Manglapus maintained that the U.S. had come close to meeting Manila's minimum demands in a "creative" three-part package that consists of $481 million a year in cash and direct assistance, as well as $355 million in "soft" loans and financial guarantees. The beauty part, according to Manglapus, is a complex arrangement that may amount to as much as $900 million a year in debt relief for the Philippines, which owes foreign creditors $29 billion. Nevertheless, critics...