Word: funds
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Dates: during 1980-1989
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...offshoot of the I-30 condo scandal, as it is known locally, resulted in the March indictment of former Democratic Party Fund Raiser Thomas Gaubert, 48, who has been charged with arranging $8 million in questionable loans by an Iowa S and L for property in another Dallas development. As part of the deal, the indictment alleges, Gaubert, a friend of House Speaker Jim Wright, bought land for 50 cents per sq. ft., then sold it the same day for $5.25 per sq. ft., pocketing $5.6 million in profits. Gaubert, who denies any wrongdoing, says the Republican Administration is trying...
...find a selection of interesting children from various income, ethnic and geographical groups. Initial guidance in that quest came from Dr. Robert Coles, winner of a Pulitzer Prize for his study Children of Crisis, and from Marian Wright Edelman, who heads the Washington-based Children's Defense Fund...
...combined company, First RepublicBank, lost nearly $2.3 billion in the first half of this year and showed no signs of recovery. Last week's huge commitment, coming on top of earlier Texas rescues, is likely to stir debate over the adequacy of the FDIC's $18 billion insurance fund...
...such price-earnings ratios run about 15 to 1, while in Tokyo the multiples are often four times as high. Nippon Telegraph & Telephone trades at 158 times its earnings. "Japanese authorities have allowed a speculative bubble to grow," warns George Soros, manager of the New York City-based Quantum Fund. "At no time in the past has a bubble of this magnitude been deflated in an orderly manner...
...also gives generously to a number of charities. Last year, for example, she laid out $750,000 to fund ten scholarships at Tennessee State University in Nashville, her alma mater, then followed up with letters to each recipient, challenging a couple of them to get better grades. "My mission is to use this position, power and money to create opportunities for other people," she says...