Word: cashed
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...film with Sammy Davis Jr. She cut a powerful figure in all these films, but they were small pictures that didn't lead to strong roles in Hollywood's top-line productions. As for the Catwoman gig, Kitt appeared in only three episodes. And before she could truly cash in, her addiction to truth-telling in the wrong place got her informally blacklisted. (Read TIME's Top 10 scandals of the year...
...conserve cash, Chrysler also was forced to close permanently a factory in Newark, Del. where it was building its only hybrid vehicle, and it has dropped plans for an alliance with Chery, an expanding Chinese auto company, after months of laborious negotiations...
...Loyola Law School, took some degree of heat for her inexperience when she won the post; it didn't help matters that she had to return $25,000 in campaign donations from what turned out to be a bigoted rock band, though she did wisely donate the cash to anti-hate groups. "He really did go out and put the arm on people to raise money," says Redfield, who knew and briefly worked with Michael Madigan in the 1970s...
...there a credit crunch? Was there ever? Those questions may seem absurd. Throughout the autumn, the interest rate banks charge each other broke one record after another as trust between institutions evaporated, investors stashed so much cash in super-safe Treasuries that yields approached zero, and the private securitization market for mortgages, which keeps capital flowing for more home loans, disappeared. Lehman Brothers collapsed when no one would loan it money, and any number of other firms - AIG, Citigroup, GM - went hat in hand to the U.S. government, lender of last resort. (Read TIME's Top 10 Financial Collapses...
...drawing down existing credit lines - agreements banks had made in better times and now couldn't renegotiate. In fact, there was plenty of anecdotal evidence in the business press to suggest that was exactly what was happening, that companies were locking in funding not to invest, but to hoard cash for worse times ahead. It wouldn't be hard to imagine regular people doing the same thing with home equity lines of credit. When it came to lending between banks and the commercial paper market, the economists pointed to a shift toward shorter-term lending. Even if overall volumes were...