Word: lending
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Representatives cited renovations, sexual harassment, and the Core Curriculum as issues they wanted to see addressed by the council this year. Several representatives said a recently publicized harassment case against a professor in the Government Department will lend urgency to that issue...
Harvard and Yale got into stock lending early, more than 10 years ago, but word soon got out. "It used to be a very good business," says Cabot, but now, with scores of endowment funds willing to lend out their stocks, brokerage houses are paying less. In the past Harvard made as much as $4 million a year in the program; this year, Cabot says it will be less than $500,000. "There may well be a time when a lot of institutions get out of it, and the margins will return," he adds, explaining why the University is keeping...
...American President to lend legitimacy to the Marcos regime by paying it a state visit would be an insult to the dignity and values of the American and Filipino people. The notion that the use of the Philippine bases is dependent on the good will of President Marcos is as wrongheaded as the thought that it is in the American interest to support and strengthen his regime. American security is not enhanced thereby; injustice...
...question of foreign loans to South African borrowers has affected a number of U.S. banks. While no major bank has gone as far as the activists would like and adopted a policy eschewing all South African loans, several have gone part of the way by formally agreeing not to lend to the South African government and its public corporations. Others are de facto following the same policy. Significantly, U.S. banks have not publicly singled out the government of any other foreign country in a similar fashion. These new lending policies have contributed to the fact that U.S. bank loans...
...vital to world financial stability mainly because it serves as a catalyst for private lending. The agency makes loans only to countries that agree to launch programs to restore their economic health. Once such measures are adopted, commercial banks are usually willing to lend more to the troubled countries. Earlier this year, for example, Mexico was able to get $5 billion in new credit from private banks only after it agreed to cut public spending and received a $3.8 billion commitment from...