Word: defaulting
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Administration. He has the unpleasant duty, as the agent of the Federal Government's lender of last resort, to foreclose on farmers who cannot keep up their debt payments. After a two-year moratorium on foreclosures, Thomas is now sending out letters politely advising farmers on how to avoid default through loan reschedulings, reamortization, even voluntary liquidation. "It bothers me to foreclose," says Thomas. "If it didn't, you wouldn't be human. I try to leave my job at the office. Otherwise...
...Government steamed titanically toward default on Dec. 12, congressional leaders decided that they dared not seek approval for yet another increase in the debt unless they could show that they were really doing something about the chronic deficit that nobody wanted...
...Sponsor Rudman wryly called "a bad idea whose time has come." There was no time for committee hearings; many members never read the measure that gave away their responsibilities, but they overwhelmingly voted for it; final approval came at 10:15 p.m. on the eve of the prospective default, and then it was soon time to go home for Christmas. Yes, Virginia, there is a Santa Claus...
...does not take a great deal of skill, however, to do so in today's - deregulated skies, where profit margins keep growing slimmer and the competition keeps getting tougher. To survive, several airlines have been seeking merger partners. Only last year, after an earlier brush with default, Eastern discussed the possibility of a merger with...
...their skills, these scientists hope to deter the federal government from pursuing this research, or, failing that, simply to undermine the effort at the outset. The physicists may say that they're doing it just for "moral" reasons, that in fact their individual refusal does not constitute policy by default. However, their urging of their colleagues to follow their example belies any such stand...