Word: dealer
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Dates: during 2000-2009
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...same time that the FDIC is drawing kudos for advocating for troubled borrowers, it is struggling with the higher expenses of doing business as the nation's bank dealer of last resort. And the rising cost of failures puts ever more pressure on the FDIC's insurance fund. In the first nine months of 2008, the fund had to pay out nearly $18 billion to depositors of failed institutions. At the end of the third quarter, the fund stood at $34.6 billion, down 34% from the end of 2007 to its lowest level since...
...Once, 20 years ago, when he did a cover for the Saturday Evening Post for $1,000 and seemed tempted to take a contract with the magazine, she threatened to leave him. "It'll be the end of your painting," she said. Recently, at the suggestion of his dealer, M. Knoedler & Co., she incorporated him as The Mill, Inc., and The Mill pays Wyeth a salary...
...rural exurb of Washington where the rolling farmland is dotted by weathered barns and crab shacks. Complete strangers signed up. A retired Air Force pilot, Phil Pfanschmidt, and his wife Joyce, both 71, came to the first meeting in December. So did Chris Melendez, a self-employed art dealer who lives about 30 miles away. Richardson's old motorcycle buddy Al Leandre brought his wife, a public-school teacher, and passed the word to some friends he had met through his government-contracting business. With a few clicks of a mouse, the Owings Grass Roots Group was born...
...assessors across the country have seen an uptick in the number of homeowners challenging their homes' appraisal value. The Wall Street Journal reported that in St. Tammany Parish, La., 15,000 residents - instead of the usual 500 - requested a review of their 2008 tax bills. And the Cleveland Plain Dealer reported that Cuyahoga County, which has about 1,300 foreclosures a month, saw three times as many appeals in 2007 compared with previous tax cycles. (See pictures of Cleveland's housing crisis...
...After my brother started working for a Ford dealership, my wife and I took advantage of the family plan and purchased a brand new 2004 Freestar minivan. Over the 21/2 years we owned the vehicle, we had to take it in to the dealer at least eight times for warranty work. The only thing worse than the quality of the vehicle was the quality of service I received. Not surprisingly, the dealership is now out of business. I wouldn't buy another Ford vehicle if the fate of mankind hung in the balance. Steve Devereaux, Staten Island...