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Meltzer soon turned up in California, representing himself as a top officer of H & J Real Estate Investment of Boynton Beach, Fla., which he said was an offshoot of Abdul Enterprises, and began lining up investment opportunities for Sheik Rahman. The sheik, Meltzer told local businessmen, would lend huge sums to entrepreneurs for promising new ventures; he promised $95 million to one businessman for four tuna boats. But Meltzer demanded that the businessmen first pay him finder's fees. He collected...

Author: /time Magazine | Title: Nation: Son of Abscam | 3/3/1980 | See Source »

...consolidate their old loans. David Rockefeller and Bank of America President A.W. Clausen also stress that the IMF will have to carry a heavier share of Third World borrowing, especially from the poorest countries like Zaïre. With some carefully formulated borrowing from the rich in order to lend to the poor, the world's financial system should withstand this severe test...

Author: /time Magazine | Title: Business: World Bankers Juggle the Huge Oil Debts | 3/3/1980 | See Source »

...American people? Indeed, it would be ridiculous to insist that this book be purely objective. Like Walter Cronkite reading the casualty reports during the Vietnam War, the author's feelings do occasionally overcome his carefully documented (some 40 pages of notes and sources) facts. But the subject does not lend itself to objectivity. And who is to say which is the more subjective source: the recollected actions and passions of black students in Mississippi or the so-called objective records in the government files...

Author: By Sarah M. Mcgillis, | Title: No Right Turns | 1/11/1980 | See Source »

...measure, however, is far from a pure giveaway. For one thing, the loan guarantee is not a handout but simply the Government's pledge to reimburse private parties for the money, up to $1.5 billion, that they lend to Chrysler if the auto firm is unable to repay the loans. This promise should enable Chrysler to return to the money markets that have been closed for the past year. The automaker, moreover, will pay the Treasury an annual fee of at least 1% of the sum guaranteed...

Author: /time Magazine | Title: Nation: Santa Calls on Chrysler | 12/31/1979 | See Source »

...concerned with a decline in University support for the cultural center," Angela Belgrave '80 said after the meeting. She said the students had asked Epps to help them raise money and lend its support in other ways to the center, currently a single office in Phillips Brooks House...

Author: By William E. Mckibben, | Title: Students, Epps Discuss Center | 12/6/1979 | See Source »

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