Word: deposit
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...Chinese man with the cruel face was adamant. He would not show the visitor the panda pelt being offered for sale without a $10,000 deposit. But perhaps she would be interested in a better deal: two live young pandas, chained and ready to go, for just $112,000. Of course, he had leopard and tiger pelts as well, if she were interested. Eight smugglers gathered around them in the dimly lighted, smoke-filled room in Quanzhou, an ancient seaport on the narrow waterway between mainland China and Taiwan; each one was seeking a $19,000 cut just for witnessing...
...firm called Matrix-Churchill, which made versatile computer-operated jig grinders that could be used to produce precision parts for everything from consumer products to aerospace and nuclear equipment. According to Kroll, the Ohio-based company also submitted inflated bills to Iraq that enabled Saddam to skim funds and deposit them in foreign bank accounts...
Price Waterhouse in the Cayman Islands, an entity separate from the British firm, had earlier performed another fascinating audit. TIME viewed an Oct. 18, 1985, Report of the Auditors to the Members of International Credit & Investment Co. (Overseas) Ltd., which said, "Customer deposits consist of confidential accounts which are not conducted as open accounts requiring periodic dispatch of statements. Furthermore, because of company policy we have not been able to confirm any deposit balances directly with customers, and therefore it is not possible for our examination of such accounts to extend beyond the amounts recorded." With this highly unusual qualification...
...Deposit city funds only in banks that loan money to repair and improve rent-controlled buildings...
...depositors' sense of security can be attributed in part to the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve's expansionary actions, which have cushioned the impact of the bank failures, Holmes said...