Word: lend
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Dates: during 1970-1979
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...manage $17.5 million in Teamster pension funds for an undisclosed fee. It noted that, while Lance had helped to initiate the agreement with the Teamsters, he had not taken part in the detailed negotiations. Nor did the report fault Lance specifically for the Atlanta bank's willingness to lend one of the Calhoun bank's officers, Billy L. Campbell, as much as $250,000 only weeks before his arrest for embezzling nearly $1 million from the Calhoun bank from 1971 to 1975. Lance has been criticized for a serious lapse of judgment in okaying a sizable loan...
...return for such services, the smaller bank compensates its big brother by putting an interest-free deposit in the larger bank. These deposits benefit the larger bank because it can lend out the money to its own loan customers without having to pay interest to get the funds. It is an extremely profitable business for larger banks, and competition for correspondent deposits is fierce...
...have taken on much of the job of recycling the enormous surpluses piled up by oil-exporting nations. Total debts owed by governments to major commercial banks ballooned from $110 billion in 1969 to $550 billion last year. Now the banks are reaching the ceiling of their willingness to lend to troubled nations-and countries such as Brazil, Mexico, Peru and Zaire may be nearing the end of their ability to repay, unless they get new credits. Various experts believe that without emergency loans from the IMF, a number of less-developed countries would default on their loans, possibly bringing...
...others are necessarily footnotes, is now on view in his home city of Antwerp. At the Royal Museum of Fine Arts, over 100 paintings and 60 drawings have been assembled from the world's collections. Some things, of course, one cannot hope for: the Louvre would never lend any of the giant canvases from Rubens' Marie de Médicis cycle, any more than his landscape The Cháteau de Steen in Autumn could be expected to travel from London or the Hélène Fourment in a Fur Cloak from Vienna. Still, this...
...occasion, Keane says, he has come close to having his head blown off by professional criminals.) And, he notes "finding a lost bird in Oakland is like finding one particular flea on a Saint Bernard." Nonetheless, his ten-month-old business is prospering, and he has been approached to lend his nom de chien to a movie about Sherlock Bones. He is also working on a book that will not be called Sam Spayed...