Word: lender
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...earlier conversations, Proctor seemed to be falling all over himself to be nice, asking her how things were going and telling her not to worry about the Whitewater bank loan. Yet Proctor himself was evidently still trying to get the financial statement from the Clintons. Susan Sisk, the senior lender at Twin City at the time, recalls chatting with Wes Strange, 1st Ozark's new president, who mentioned that Clinton had recently made a speech in the Flippin area. "I told Bill," Strange reported to Sisk, "we still need the financial statement...
That winter, 1st Ozark wasn't the only bank seeking the Clintons' disclosure statement. Security Bank of Paragould, the lender of the money for the Hillary house, had also written Hillary asking her to "complete the enclosed financial statement" in order to extend the Paragould loan. Such a document in Security Bank's files is signed by both Bill and Hillary Clinton. The form lists the same asset values as the one submitted to 1st Ozark, and carries the instruction, "Do not include assets of doubtful value." The statement concludes with the admonition that "each undersigned represents and warrants that...
...Masahiro Tsuda, general manager of Daiwa's New York City office, was charged with taking part in a conspiracy with the bank and Iguchi, who last month pleaded guilty to concealing the losses. The moves were the most sweeping ever taken by the U.S. against so formidable a foreign lender. With $390 billion in total assets, Daiwa is the 10th largest bank in Japan and the 13th largest in the world...
Harvard, as a direct lender, would not be severely hurt by that measure. But it would be affected by a proposal to eliminate the government's direct lending program, at a savings of $1.5 billion, Nixon said...
...Major savings will occur because the process will be streamlined and the middle man will be eliminated," Hicks said. "We were probably the only lender in the nation in favor of the reform...