Word: lend
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Dates: during 1970-1979
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...seriously consider," but he found that most of it was based "on serious misconceptions about the banking system." He believes, for instance, that the investigators think that banks are somehow not subject to ordinary market pressures and often control the day-to-day business of firms to which they lend funds. As for the experience of being investigated by a self-appointed commission, he says-a bit wearily-that he would be willing to undergo it again. Why? "We're all consumers, and a lot of things don't work." But for the most part, he maintains, Citibank...
...year his bank introduced "Earth Bonds," a form of savings bonds, with most proceeds going to programs aimed at controlling air pollution. But the bonds did not go over well, because they were sold primarily to low-earning young buyers. Bunting was more successful when he had First Pennsylvania lend money to the producers of the movie Joe. The bank got 12% interest on the loan plus $13,000 in warrants; they are now worth $138,000 and Bunting is still holding on to them, believing that they will jump much higher...
Such problems now plague the U.S., which leads the world in mass schooling. Student discontent, failing public schools, financial pressures-all these lend new weight to gadflies who preach a new heresy. The best way to reform U.S. education, they say, is to supplant compulsory attendance with voluntary learning...
Staying in Tune. The fact that jazz is being marked and measured by the schools will lend it a certain stability that it never had before. The big danger, of course, is that, like so many other folkloric subjects in academia, jazz could wind up fully preserved but essentially dead on the page...
...Rennie Davis & Co. don't know what is in the heads of the people who go to work every day, maybe someone should try whispering the message quietly in their ears: "You are demonstrating in the wrong city, you idiots. Try Hanoi." Maybe our semisacred fourth estate should lend an ear to that message a little more often...