Word: lend
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Dates: during 1970-1979
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...record-and painful-8¾% to borrow from banks.* Some banks will raise that "prime" rate further to 9% this week; it could go higher still, perhaps to 9½% in the fall. The banks in turn had to pay as much as 10.3% to get money to lend; that was the highest rate offered last week to depositors who would buy $100,000 certificates of deposit (CDs). While borrowers and lenders alike groaned, savers rejoiced in the highest yields ever offered on even modest accumulations of money...
...back of the book indicated that Berryman had planned two more sections. Of what is written, Alan Severance remains the key figure. Other characters are roughly sketched. A series of epiphanies of the more dramatic moments on the ward, of the personal breakthroughs and all too frequent relapses, lend a sense of the real powerlessness of the alcoholic...
Room for Humor. Warren's briefing-room manner differs markedly from Ziegler's. His horn-rimmed glasses and pipe lend a thoughtful air to his comments; he pauses to consider questions before replying and accepts hostile queries without resorting to Ziegler's huffiness. Ziegler's programmed manner leaves little room for humor. Warren is more unbuttoned. Failing to hear a question from NBC Correspondent Richard Valeriani, he quipped: "Richard, will you speak in your on-the-air voice?" When he first began subbing for Ziegler, Warren would open with a crack at his own expense...
...racial strife could be ended by helping blacks to get, in his words, "a piece of the action." As President, Nixon created an Office of Minority Business Enterprise to oversee Government efforts aimed at helping blacks and other racial minorities to start their own businesses, and expanded programs to lend more money to-and buy more products from-those striving firms...
Such a shift, he says, would require OMBE to concentrate its efforts on assisting blacks to form larger ventures in manufacturing, banking, construction and services. It might require the Government to lend larger amounts to individual entrepreneurs. If such steps are not taken, Black Capitalism is likely to remain just another catchy slogan...