Word: generous
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...Angeles County Supervisor Kenneth Hahn called the gift "generous," but took pains to add, "In no way does this mean that the agonies and frustrations of unemployed American autoworkers have gone away." A local labor union official complained that Toyota's gift "is another way that foreign companies, with their propaganda, are influencing the American people." He observed, however, that creative charity of this kind was "something the American industry neglected...
...seeking more generous terms on future loans. Rumania late last year rescheduled $2.8 billion of its $ 11 billion debt and interest payments. Costa Rica ($3.1 billion) has told its creditors that it cannot produce $270 million in back interest. South Korea ($36 billion), despite its generally strong economy, is being closely watched. And there are others...
...Twas the season to be generous, if not jolly, on Capitol Hill. In its preholiday I dash toward adjournment, the lameduck Congress bestowed dozens of baubles, bangles and beads on the folks (and special-interest groups) back home. The result, fumed Silvio Conte, ranking Republican on the House Appropriations Committee, was "a Christmas tree...
...party was canceled, and White agreed to have the donations returned to the generous givers. But more party problems have arisen: last week the Boston Globe reported that one federal grand jury is looking into the possibility that some party donors, unwittingly or not, may have been participating in a sophisticated money-laundering scheme designed to conceal the true source of the money. Investigators found that 64 people who gave money to the birthday fund also made identical cash deposits in their personal bank accounts at about the same time, which suggested that they might have been reimbursed...
...everything from US Treasury securities and corporate bonds to municipal bonds sold by state and local governments equally impressive. Investors racked up gains that approached 35% for ultrasafe investments in U. S. Treasury bonds and notes, with the rise in corporate and municipal bonds not far behind. The generous returns result when interest rates drop because bonds issued earlier at higher rates automatically become more valuable and shoot up in price...