Word: lended
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Dates: during 1970-1979
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...Washington Post reported recently that an Arab bid to invest $100 million in Lockheed Aircraft Corp., made this spring, was rejected by the company, even though it needed the cash. Arab investors suspect the deal was quashed by the White House. An Iranian bid to lend Grumman Corp. a similar sum was vetoed in August...
...they have placed their wealth largely in government securities and short-term, easy-to-withdraw deposits at a few major banks. But now the banks, worried about having so much "hot money" that they cannot safely lend longterm, are either refusing to take more short-term or demand deposits or are offering lower interest for them...
Wall Street is well equipped to absorb the petrodollar billions. The Arabs, however, are suspicious of the fluctuating prices on stock exchanges. They prefer to lend money directly to Western companies, buy control of companies not listed on stock exchanges, participate in joint ventures with Western firms, and buy real estate. There is a limit, of course, to how much capital such activities can absorb, and the oil producers will inevitably be tempted to go for a piece of the big industrial action...
...appearing in the center this week. Maybe some notion of the worth these students attach to the art they create as well as to the art they study will prick their faculty and administrators in the department of Visual and Environmental Studies; perhaps more than two teachers will lend active support to the next show...
...number which brought the first act to a close: a group of young (aged 6-14?) black kids from Manhattan joined Labelle on stage to lend their smiling faces and beautiful voices to a crescendo of emotional outpouring--a chorus of love and hope for the future. The sight of those three ladies singing with and to and for the children, sharing their microphones with individual kids, hugging them, standing arm in arm in comradeship, brought me and several others to tears. Could you find this "in Times Square on any given Saturday night...