Word: lende
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...keep a portion of deposits, say 8%, in reserve with the Federal Reserve, regardless of whether the deposits came from domestic or foreign sources. On a foreign deposit of $1 million, $80,000 would have to be kept with the Fed, leaving the bank with only $920,000 to lend...
...Medicaid Costs: "If that were lifted from our back ... we, the City of New York, could lend money to Chrysler...
Work he did. Voinovich quickly made peace with the city's business community and persuaded eight local banks to buy back $10.5 million in defaulted notes and lend the city another $25.7 million at 8⅞% interest. He also launched a campaign to prop up the city's faltering services by asking voters last November to approve a ½% increase in the city's income tax. When the measure lost, the mayor announced a host of budget cuts and threatened not to run for a second term...
...world's largest brokerage house (1980 sales: $3 billion). As an example of the financial shopping center of the future, Merrill Lynch, in addition to selling its traditional stocks and bonds, will provide customers with money-market funds, sell them life insurance, buy or sell their homes, and lend them money. Says an admiring Samuel H. Armacost, president of Bank of America: "We've already got the nationwide banking of the future. It's called Merrill Lynch...
...will prosper in the new, freer money market. Says Richard H. Deihl, president of Home Savings & Loan in Los Angeles, the largest in the U.S.: "There will always be room for a variety of financial institutions. Some will make loans to industrialize the forests of Brazil; others will lend money to people to buy houses...