Word: defaulting
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...Crimson has learned that information provided for an article in yesterday's paper was in error. Walter S. Nihlan of Belmont was arrested on a default warrant which, according to a spokesperson for the Middlesex County District Attorney's Office, should have been removed. The spokesperson said Nihlan was taken to District Court and released after the arrest. He already had been arrested on these charges in June of 1994. Nihlan is being prosecuted on these charges, but no trial date has been set, the spokesperson said...
...short term, the U.S.-led rescue saved Mexico from defaulting on $26 billion of the government's Tesobonos bonds that come due this year--a disaster that would have driven the vast majority of foreign investors out of the country and much of the rest of Latin America. With the threat of default averted, the Administration argues, Mexico can begin to restore itself to health. Says Treasury Under Secretary Lawrence Summers: ``The success of Mexico's economy now rests on Mexico...
...Corridor Broadcasting Corp., a firm formed by Hill during the 1980s. In 1986 Corridor borrowed $26 million from a Texas savings and loan to buy two TV stations. The thrift later failed and was taken over by the Federal Deposit Insurance Corp. Two years after Corridor's 1991 default, the FDIC sold off the loan for $3.1 million, declaring a $23 million loss to taxpayers in 1993. But in 1994 Hill paid more than $190,000 of Brown's debts, including legal bills and mortgage payments. Legally, Hill had no personal obligation to make good on Corridor's default; politically...
Partly by default, perhaps, Americans now put more trust in themselves than in authority figures. In the 1994 Monitor survey, 80% expressed strong confidence in their own abilities, up 8 points from the previous year. The new measure of success, a growing majority declared, is being in control of their lives. Says Roger Conner, a Washington lobbyist for community organizations: ``Responsibility is the key word for the '90s.'' For better and for worse, that renewed self-reliance is reshaping the way Americans educate their children, protect their families, invest their savings, run their communities, maintain their health and view their...
That's fine when it comes to planting trees, but many American families and businesses are being forced to privatize security and sanitation by default. Community associations, ranging from small condominiums to sprawling planned communities, have grown from 10,000 in 1970 to 150,000 in 1993 and now include nearly 1 out of every 8 Americans. ``It's the fastest-growing form of local government,'' says William Eggers, who conducts an annual study of privatization in the U.S. ``People are saying that if the government can't protect them anymore or keep their streets clean, then they are going...