Word: deposition
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...There is a gigantic market. We've had 40,000 people put their names down. We've gone to the first hundred and said, We need you to pay a $200,000 deposit up front. And all hundred have paid that price. We're now going after the others. A lot of people are going to drop away when it comes to putting up hard cash, but after five or seven years, I think we'll be able to start bringing prices down and enable more people to go up in space. I hope that in my lifetime, Virgin Galactic...
...development are among Tokyo's most prestigious addresses, and the main office tower houses the most famous companies of New Japan, including tech superstars Livedoor, Rakuten and Yahoo! Japan. On the 51st floor of this same tower is the Roppongi Hills Club, a members-only (initiation fee and deposit: $20,000) oasis of fine restaurants and spectacular views where authors, artists, celebrities and executives can gather in peace high above the masses. Every third Thursday of every month, Fujimoto convenes a meeting here of the Young Entrepreneur Organization, an association of 125 businesspeople under 40 who are the founders...
...savings and loan industry also had its troubles. In March customers of 69 S and Ls in Ohio stampeded to withdraw money when the failure of a Cincinnati thrift threatened to bankrupt the state's private deposit-insurance fund. Ohio Governor Richard Celeste temporarily closed the S and Ls and required them to apply for federal insurance. Two months later, Maryland Governor Harry Hughes seized temporary control of 102 institutions after a similar panic developed...
...were renting was up for sale, she bid for it at auction and won. But when she went to see the loan officer at the local branch of one of South Africa's biggest banks, he didn't want to know her. She didn't have enough for a deposit, he said. She was a bad risk. Leo took time off work and went to plead her case every day for three weeks. Finally, in a last-ditch attempt before her home was reauctioned, she visited the office of the bank's ceo, sat herself down in his reception area...
GRAPE CHIC At the Napa Valley Reserve, amateurs blend their own wines, paying a membership deposit of $135,000 for the right to harvest, crush and bottle top grapes...