Word: deposits
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Aeneas purchased a large chunk of TeamBank--then called Texas AmericanBankshares--between 1988 and 1922 for $27 million,after the company had filed for protection withthe Federal Deposit Insurance Corporation...
...burden on business, especially small business, is worse. Many sole proprietors find they need to buy computers or hire accountants to comply with irs record-keeping requirements for inventory. Some small businesses are required to deposit withholding taxes for their employees as often as eight times a month. One sentence in a tax instruction used by many small-business owners runs 436 words -- longer than the Gettysburg Address...
...Lands under control of the Bureau of Land Management are in equally bad shape. Driving the cattle off, however, as some radical environmentalists would like, is not necessarily the solution. Properly managed grazing, range ecologists agree, serves to enrich rather than impoverish grasslands. In exchange for forage, hoofed beasts deposit tons of that old-fashioned organic fertilizer known as manure...
Roughly two-thirds of the litigation stems from the epic savings and loan scandal. Accounting firms, along with lawyers and others, face thousands of lawsuits by investors and government regulators, including the Federal Deposit Insurance Corporation. Accountants' financial liability in S&L cases could exceed $9 billion, not counting compensatory damages. Last week Ernst & Young agreed to pay $63 million to settle claims that its negligence helped S&L honcho Charles Keating Jr. defraud some 23,000 investors in Lincoln Savings & Loan. The settlement came two weeks after the largest U.S. accounting firm, Arthur Andersen, paid $22 million for fraud...
...that the defunct facility was not really a bank but a disbursement center where members were given accounts that did not bear interest. Each account was credited monthly with the individual member's net salary, generally $7,000 after deductions. Because overdrafts were covered by the money on deposit from congressional colleagues, it was argued, no public funds were involved. Sloppy record keeping prevented some from knowing that they were in arrears. "We've been double-crossed and done real dirty by this bank," complained Pete Kostmayer, a California Democrat who admitted to writing 19 bum checks during the period...