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Word: cashes (lookup in dictionary) (lookup stats)
Dates: during 1980-1989
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...wait at least a year for authorization to open a single branch. But the Bank of Crete opened about 50 branches in four years, and licenses were granted for an additional 20. Sure of his political shield, Koskotas was unafraid to violate banking laws and withdraw huge sums of cash at will. If Koskotas worried aloud about audits, Papandreou was always reassuring. "So long as I am here," Koskotas says Papandreou told him, "you never have to worry...

Author: /time Magazine | Title: Scandals The Looting of Greece | 3/13/1989 | See Source »

...says, the first direct request for money came by telephone from Papandreou. The Prime Minister wanted 200 million drachmas ($1.3 million), purportedly to pay the expenses for a PASOK youth festival. Georgios Louvaris would drop by. In the following months, says Koskotas, Papandreou made two other personal calls for cash, each for 150 million drachmas ($1 million), for what he described as PASOK events. Otherwise the Prime Minister received a weekly delivery of around 75 million drachmas...

Author: /time Magazine | Title: Scandals The Looting of Greece | 3/13/1989 | See Source »

...Yeah, I took the eggs," said Nunn last week. "It was a scheme to make some extra cash" -- a plan too clever by half. Even then, Nunn prepared his moves carefully, cautiously. A cooling-off period was decreed. The eggs were stashed in the attic of Sam's home. "But I never realized they'd rot," said Nunn. "It was theft without profit...

Author: /time Magazine | Title: Smart, Dull And Very Powerful: SAM NUNN | 3/13/1989 | See Source »

Scarce rent-controlled apartments are often distributed based not at all on need or merit, but via "Reward for Rent-Controlled Apartment" posters on our streets. One current sign, for example, stuck in front of the Coop bookstore building, offers (on professionally printed, slick, self-stick paper) $1500 cash for information leading to a rentcontrolled apartment. This money is customarily paid to a tenant moving out, for introducing the reward payer to the landlord...

Author: By Fred Meyer, | Title: Home, Security and Freedom | 3/11/1989 | See Source »

Corporations without sufficient capital can use LBOs to purchase large corporations without using large amounts of cash. But because those companies must borrow money from other sources, they incur a substantial debt, which they usually pay off by breaking up the company and selling off parts at a large profit...

Author: By Darshak M. Sanghavi, | Title: Wall St. Investor Defends Use of Leveraged Buyouts | 3/10/1989 | See Source »

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