Word: deposits
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Most houses, though, couldn't even dream of such a luxury. Indeed, when Kirkland House Committee sold its washers and dryers last year--Kirkland was the only house not renting laundry equipment--the committee husbanded most of the proceeds into a certificate of deposit...
...landladies offer a fair deal, but others are hucksters conjuring up lyrical descriptions of properties that sound too good to be true. Often, they are. A Ukrainian woman found she had rented a deserted shack with no plumbing. Disheartened, she returned to the train station and put down a deposit for another room, but the address proved nonexistent. "I'm sick of the whole idea of vacation," she said. "I want to go home, but I can't buy a train ticket...
...worst in living memory. The six curators seemed to have their neural nets patched directly into Manhattan's East Village, that journalists' playpen of urban gentrification, which in the '80s is replacing SoHo as the city's art-based boomtown, its Montmartre of the Neo. There is a small deposit of serious East Village art, but none was represented at the Whitney...
Deductions for interest on personal loans, and on loans to buy cars, boats, furniture or a second or third home would be capped. If a taxpayer collects investment income, such as rents and interest on savings accounts or certificates of deposit, the cap would be $5,000 in excess of that income. For example, if the taxpayer collects interest of $2,000, he or she could deduct no more than $7,000 in interest paid. Taxpayers who have no investment income would be limited to a straight $5,000 deduction for interest paid...
...failure of Home State highlighted the vulnerability of banks and savings institutions in the new era of financial deregulation. Freed from many Government restrictions, bankers have been taking greater risks, and many have misused depositors' money and juggled the books to cover up losses. The Federal Deposit Insurance Corporation estimates that 50% of the 79 bank failures that occurred last year resulted at least in part from criminal conduct. Among the casualties were the eleven banks in Tennessee and Kentucky controlled by Jake Butcher. He pleaded guilty last month to charges of misusing his banks' money to make illegal loans...