Word: lende
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Dates: during 1980-1989
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...just Lawrence Welk music was being played in the community room. The raiders netted a whopping $13.60 and cited the highrollers on charges that could have won each six months in the slammer and a $500 fine. The folks at Caesars Tahoe casino in Lake Tahoe, Nev., decided to lend the boys a hand. A bus stocked with food and drink and staffed by a cocktail waitress brought them to the Nevada casino, where they were handed a few bucks each to play their game-without interruption. The biggest winner came away with a pot of $5, but Lady Luck...
...possible for GMAC to lend money at 13.8% when the prime rate is 20.5%? The answer is that GMAC borrows the funds it puts out as loans in the long-term bond market, where interest rates are lower. The company still has $300 million worth of old borrowing on its books at 4⅜%, and even the interest charges on new GMAC bonds are still much less than the prime. So far in 1981, GMAC has issued bonds worth $1.75 billion at an average rate of 14.1%. Given the overall size and maturity of its bond portfolio, GMAC is roughly...
...spot in the housing industry was the sale of existing homes, which rose by 6% in June to an annual rate of 2.6 million. The increase, though, reflected the vagaries of home financing rather than any strength in housing. With interest rates high and banks short of money to lend, the owner often has to offer the buyer a mortgage, if he hopes to sell. That has helped the turnover of older houses. Nonetheless, this part of the market is still 35% lower than its November 1978 peak of 4 million on an annual basis...
...British feed tends to be stately rather than close-up and personal. Ours has more of a 'people' feel to it." Top ABC sports directors were called in to direct the wedding coverage, including Tuesday night's fireworks display, on the theory that they could lend extra pizazz to the event. This spirit carried over into the ceremony itself, where ABC treated the boys choir like a college basketball team, superimposing statistics on the screen as they sang, showing the number of choir members, the age of the youngest (ten) and how many hours they had practiced...
Like the country, the bureau resorted to extraordinary measures. A hotel room was rented across the street from the London Time-Life Building for catnaps between assignments. New Delhi Bureau Chief Marcia Gauger was abruptly recruited to lend a hand when she stopped off en route from New York to India. Brenda Draper, London bureau picture researcher, worked with a variety of official British photographers and freelancers to obtain a steady flow of pictures for both stories. Correspondent Mary Cronin turned from organizing the wedding coverage on a master bulletin board to charting the causes of the social unrest. Correspondent...