Word: lende
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...This deregulation would have the additional effect of eliminating the differential between commercial banks and savings institutions. The President also recommended that all federally chartered banks be authorized to offer interest-bearing checking accounts. To offset some of the cost of the higher rates for the savings bankers, who lend out their money at long-term fixed rates, Carter suggested that they should be allowed to 1) make some shorter-term, higher-interest consumer loans and 2) offer home buyers variable-rate mortgages that fluctuate with the cost of money...
...Friday. Filipacchi turned the editorial and financial management of Look (arc. 650,000) over to Jann Wenner, 33, editor and publisher of Rolling Stone, the rock-music tabloid. Wenner will receive an unspecified fee and a share in any future profits-but no stock-and has agreed to lend Look $500,000. Filipacchi, who publishes Paris Match and eleven other French journals, will retain 51% ownership of the magazine (six French partners control the rest). Wenner will remain Rolling Stone's editor and publisher, assume those titles at Look, and merge the two publications' advertising, circulation and administrative...
...think that we can have more influence against apartheid by keeping open the channels of economic contact with South Africa" and by making decisions to lend money on a case-by-case basis, the company said in a statement responding to Yale's decision...
...spend a sunny reading period afternoon wandering around Boston (exams are weeks away...) The lobby of the John Hancock Building and the mezzanine of Boston City Hall share an exhibit called Jazz...A Visual Experience which brings together the work of eleven local artists and photographers. Jazz artists lend themselves to this sort of treatment--the music is inseparable from the men who make it--and both exhibitions are free...
...professor of German at Harvard and eventually athletic director. In a retrospective that appeared in the Crimson in 1927, he noted that in the absence of a mask he "was accustomed to bite upon a large rubber eraser, to prevent dental demolition, with a surreptitious supplementary duplicate to lend to envious and suppliant professional backstops. But this was the principle concession made for defensive armor...