Word: deposit
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...store's safe had more money in it than usual, because the Chins could not make a weekend deposit. `They took away a safe we put money in because there is no bank we could take it to on Saturday," Chin said...
...banks, killing hundreds of small institutions and stunting the growth of larger ones. Earlier this month federal regulators closed nine insolvent banks in a single day; during all of 1987 they expect to shut down nearly 200, a post-Depression record. Says L. William Seidman, chairman of the Federal Deposit Insurance Corporation (FDIC): "The banking industry will have its worst year since...
...shaky side of the balance sheet for today's banks is not necessarily deposits but loans. The U.S. banking industry is saddled with $59 billion worth of sour loans made to a lengthening list of troubled borrowers: developing countries, farmers, takeover artists, real estate developers, oil drillers and spendthrift consumers. While most U.S. banks can handle bad debts during good times, a recession would turn a quiet problem into a grinding one. Many more borrowers could go over the brink, along with their banks. The resulting rash of federal bailouts could strain the Government's deposit- insurance system and even...
...recipient of two Guggenheim, two Fulbright, a MacArthur, a Pulitzer, and a National Book Award prizes, Ashbery reached an agreement last December with the Houghton Library to deposit his papers there for an unannounced sum of money...
...Government has been moving to mop up the PCB mess. In 1979 Congress banned the production, sale and distribution of PCBs. Companies were permitted to keep using equipment that already contained the chemicals, as long as the machinery was carefully sealed. As the equipment wears out, owners must deposit it at federally approved toxic-waste disposal sites...