Word: defaulting
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Dates: during 1980-1989
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...have to be a nine-hour movie. Like Roots." Roots with raunch. As he says in the book: "I like to play music, softball, twenty questions, chess, croquet, house, and around." In the vocabulary of a courtly hipster, he records his struggles with concupiscence ("Her temptation was awaiting my default and ate at my ethics like an itch"), though he does admit that one night he declined an invitation to visit the hotel room of an amorous Little Richard. Chapters are devoted to each of Berry's three jail terms (for armed robbery as a teenager, for a Mann...
...Princeton 30-21 Lafayette 77-0 2-2 .500 Matthew Joseph Assistant Editor Guest Selector Harvard 31-28 Brown 35-21 Penn 28-12 Dartmouth 6-3 Cornell 35-6 Yale 16-10 Princeton 24-16 Lafayette 24-6 Rutger Fury Fictitious Celebrity Guest Selector Harvard 112-36 URI Default Bucknell 102-96 Stadium Will Collapse Colgate 114-90 UConn 667-666 Davidson 96-88 Lafayette...
...must put up nearly $1 million a month merely to collect on the bad loans--and have paid $31 million in similar efforts during the last three years. According to the Department of Education, it costs between 25 to 45 cents to recover each dollar on which students default...
...Department of Education reports that approximately $6 billion in student loans are currently in default, including $4 billion in the popular Guaranteed Student Loan program and $2 billion in Federally Insured Student Loans and Perkins Loans. More than one million graduates owe money to their national government for money they borrowed on the understanding that they would pay it back...
...lightened jobs, U. S. workers put in longer hours, with less absenteeism, than most of their counterparts around the world. But the main reason is often economic necessity. -- Former Treasury Secretary William Simon is building a financial empire out of ailing thrifts. -- Bankers declare North Korea to be in default on its foreign debt...