Word: lending
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...bankrupt Penn Central Railroad to sell him for $10 million the dilapidated Commodore Hotel adjoining Grand Central Station. It was typical of the kind of deal that Trump now calls "my favorite art form." An unknown and unwealthy hustler of 30, he had to persuade some bankers to lend him $80 million (he did) and some politicians to give him a $120 million tax abatement (he did). It did not hurt that Fred Trump was a regular contributor to the Brooklyn Democratic machine, or that Governor Hugh Carey and Mayor Abe Beame both happened to be Brooklyn Democrats, or that...
...shortages seem to lend themselves to quick solutions. When sugar suddenly grew scarce 18 months ago, most consumers blamed Gorbachev's antialcoholism drive, which diverted substantial quantities of the commodity into home brewing. Authorities have somewhat relaxed their original strictures on liquor production, but sugar is still rationed in 67 of the Russian Republic's 86 administrative districts. Other goods that are frequently hard to find: good cheese, coffee, chocolate, fresh fruit and bath towels. "Fruit and vegetables have always been scarce in the Russian winter," said a gray- haired man shopping on Moscow's Kutuzovsky Prospekt...
Financial as well as political leverage can be used in the cause of preservation. Governments should force local lending institutions to review the environmental consequences of proposed loans. No bank, for example, should be allowed to lend a company money to set up a cattle ranch if the operation would destroy too large a section of an endangered forest...
...other worrisome facts support Israel's skepticism about last week's actions and lend credence to an observation Henry Kissinger has made privately: "If you believe that their real intention is to kill you, it isn't unreasonable to believe that they would...
...very vehemence of these moral attacks against the clubs has precluded a more critical analysis of the issue that would help to elucidate its problems toward a more sensible approach to dealing with it. Mere slandering and name-calling does not lend credibility to the moral high ground on which critics of the final clubs claim to be standing. Quite the opposite, their moralistic approach has, if anything, undermined their attempts to steer the final clubs toward reform and has fallen short of generating intelligent discussion that would, at the very least, foster a better understanding of the final clubs...