Word: cosigned
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Many banks will not extend commercial loans to women unless their husbands or other men in the family cosign the application. "Everyone thought it was funny that I wanted to start my own asphalt-paving company," says Carolyn Stradley, 42, who founded C&S Paving, an Atlanta firm (1987 revenues: $2.5 million) after helping run a similar company. "Bankers would tell me, 'Honey, you can't make a living in that business.' " Stradley finally got a loan after her brother, who was unemployed and had once been bankrupt, cosigned...
Rumor has it that Fabriquante later tried to get Stuyvesant faculty to cosign a letter to Harvard stating that Weinstein was emotionally disturbed. No one agreed, though, and Weinstein ended up in Cambridge. "Anders was a brilliant student destined for great things," says Stuyvesant English Department Chairman William Ince. "But there was always a clown in him that...
...Carol Faill returned to school at age 38 and won approval of a Pennsylvania government agency for a stateinsured college loan, she complimented her banker on his enlightened disregard for a husband's co-signature. "Oh," said the banker, "I didn't realize ..." Her husband had to cosign...
...adamant in his own views of how the new government should be shaped, more and more convinced that those who disagreed with him were enemies trying to usurp the revolution. He once flew into a rage at the powerful General Alvaro Obregón, ordered him at gunpoint to cosign a rebellious telegram, then had to retire for more than an hour to restrain himself from shooting Obregon...
...said Thompson, Baker told him about Magic. Thompson proposed a deal, and borrowed $110,000 from the First National Bank in Dallas to buy the company's stock. Bobby, said Thompson, did not cosign the loan, but he was to share equally in the profits or losses. Again the stock rose, and Baker cleared $21,000-without ever having invested a cent of his own money. Incredulous, the Senators wanted to know why Bobby had not been obliged to sign the note. "I just borrowed the money and had a gentleman's agreement with Bobby," said Thompson. "That...