Word: dime
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Walsh is accused of heading a scheme to defraud Dime Savings Bank of New York of approximately $8 million to finance condominium developments in Massachusetts...
...government alleges that Walsh tricked Dime into issuing mortgages on condominiums by surreptitiously offering borrowers "second mortgages" to cover their down payments. Dime's loans required 20 percent down...
...everybody shares Burton's enthusiasm. Some critics are worried that private companies will use the science council as a virtual R. and D. lab, allowing them to reap the benefits of millions of dollars of federal science money without having to contribute a dime. Others fear that the science bureaucracy will get bigger, not smaller, making it a tempting tool for pork- minded politicians. Paul Romer, an economist from the University of California, Berkeley, questions how effective the NSTC will be at dismantling wasteful or irrelevant programs. "It will make virtually no difference," he predicts. "That spending is there because...
...report on the molestation charge against Jackson, reporter Diane Dimond describes spending three hours in a Santa Monica bar copying every word of the 25-page file in longhand. (She could not legally take away the original, which documented the plaintiff's story.) "I didn't pay one dime on the Jackson story," says Dimond, "and everybody in the world is now following...
Parceling out compensation to the victims will now cost the company some $20 million in administrative expenses over the next three years. Pollack will earn $20,000 a month for supervising a cadre of lawyers, accountants and financial appraisers hired at his discretion on the Pru's dime, who will sift through customers' claims. "If you're a widow for whom the purchase of a risky oil-and-gas partnership was inappropriate and you were told it was safe, you're very likely to get compensation," says Thomas Newkirk, an associate SEC enforcement director who worked on the case...