Word: lending
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Dates: during 1990-1999
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...chill how badly they had been taken and how thoroughly mired they were in the mess. He was carrying a $300 million mortgage on the Plaza, $120 million on the Grand Hyatt, $75 million on Trump Tower. In December his father Fred, a builder in Queens, N.Y., had to lend him $3.5 million to pay his bills. Appropriately enough, Fred did so by purchasing that amount in gambling chips from one of his son's casinos. Even as Trump's fortunes continued to decline, though, the bankers tried to look the other way, loath to tip him into bankruptcy...
...patch in some disconnected quotes from Modern Life, like a comic-strip balloon, a '30s car, a nude or an outline drawing of a chair. These can be repeated from picture to picture, thus giving the impression that such images are obsessive, a la Jasper Johns. This will lend an expectation of profundity to the series. Why profound? Because Salle, as everyone now knows, has discovered important metaphors of the meaningless overload of images in contemporary life. Thus his pictures enable critics to kvetch soulfully about the dissociation of signs and meanings, and to praise what all good little deconstructors...
...stretch of the road has a steep mountain wall on one side and a near vertical drop on the other, in places falling away for several hundred feet. Old men overtaken by exhaustion sprawl dangerously close to the brink. Other refugees step over them, too tired to lend a hand. Distressed mothers, wondering when dehydration and shock will claim their children, hold their diarrhea-plagued babies over the road's edge and let them relieve themselves...
...largest recipient of such loans was apparent front man Pharaon, who got at least $280 million. According to Price Waterhouse, the loans were "$100 million in excess of limits" and exceeded 10% of the bank's capital base. Most banks would hesitate to lend anywhere near that amount of capital to a single customer. Auditors also found millions of dollars passing through Pharaon's and his brother's accounts, including stock sales and transfers, yet could find no loan agreements, promissory notes or correspondence to explain the activity...
...only good reason for objecting to Leverett House is the design of the Towers. Although the rooms are big, they are underheated and ugly. McKinlock, the old, traditional part of Leverett, is as nice as any other River house: fireplaces in every room, hardwood floors and poor plumbing lend McKinlock a lot of charm...