Word: lende
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There are scattered efforts to crack down on speculators, though speculation is a symptom rather than a cause of high demand. Some California savings and loans are either refusing to lend mortgage money to would-be buyers who do not intend to live in the houses, or charging them higher interest. A few builders, too, are declining to sell to the buyer who, say, tries to purchase five houses at once...
...thing: a factor that no one in Chile foresaw became a keystone in the opposition's effort to undermine the U.P. No one predicted that American companies would place a silent boycott of Chilean copper after the mines were nationalized, or that American banks would refuse to lend the U.P. money. This quiet ostracism crippled Chile's economy, ending its sources of foreign exchange so that it could not buy the imported goods upon which it had relied. Shortages of luxury and some basic goods--created both by the foreign exchange shortage and by shopkeepers who hoarded the goods...
...more reminiscent of Allen Drury than John Dos Passes, it does present a complex narrative with surprising clarity. The Washington settings, from the Oval Office to the Georgetown salons, lend a nice air of authenticity. So do the script's lavish accounts of such Watergate minutiae as H.R. Haldeman's feud with Rose Mary Woods and Gordon Liddy's call-girl schemes. The heaps of dirt stuffed into the show amply convey the moral squalor...
...manage $17.5 million in Teamster pension funds for an undisclosed fee. It noted that, while Lance had helped to initiate the agreement with the Teamsters, he had not taken part in the detailed negotiations. Nor did the report fault Lance specifically for the Atlanta bank's willingness to lend one of the Calhoun bank's officers, Billy L. Campbell, as much as $250,000 only weeks before his arrest for embezzling nearly $1 million from the Calhoun bank from 1971 to 1975. Lance has been criticized for a serious lapse of judgment in okaying a sizable loan...
...return for such services, the smaller bank compensates its big brother by putting an interest-free deposit in the larger bank. These deposits benefit the larger bank because it can lend out the money to its own loan customers without having to pay interest to get the funds. It is an extremely profitable business for larger banks, and competition for correspondent deposits is fierce...