Word: lent
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Dates: during 1970-1979
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...likes to call himself "Big Al." He is a beefy, publicity-shy, self-made millionaire. He is also a personal financier to President Nixon. This man, Robert H. Abplanalp, 51, has found himself increasingly in the public eye-a position he ordinarily avoids-since it was learned that he lent $625,000 toward Nixon's purchase of property in San Clemente. How did Abplanalp become the President's silent business partner, and what holds their relationship together...
...former Westgage director, and several corporate defendants had systematically looted the conglomerate of some $100 million in assets. In a separate action, the U.S. Comptroller of the Currency moved against the U.S. National Bank, California's tenth largest (assets: $1 billion), on charges that the bank had lent more than the legally permissible 10% of its capital to Smith's various enterprises. Only a week before, Smith had resigned as the bank's chairman...
Most of the Ten, however, and not a few of the others who came later before the committee, had been members of the Communist Party, a fact which lent the appearance of urgency to the committee's hearings. The situation was exacerbated, moreover, by the strategy that the Ten employed when they were called as witnesses in 1947. Membership in the Communist Party was not illegal. They decided, therefore, to challenge Congress's right to inquire about their political affiliations at all. They were cited for contempt of Congress and indicted by a grand jury. The Supreme Court...
...Angeles' Lycée Français. She is also a regular visitor to the University of Southern California, where she takes a course in music theory and continues violin instruction with Alice Schoenfeld, her teacher since Lilit was 7½. The proud possessor of a 1704 Stradivarius lent her by a Beverly Hills collector of fine musical instruments, Lilit practices one hour at 6:30 a.m., one hour after school, one hour just before bedtime -and professes not to mind it: "Practicing just makes me want to do it more." She has no close friends at school, partly...
Though it is too early to view the trend as established, the signs are en couraging. In the first quarter of 1973, Japan took in $803 million less from other countries than its citizens spent or lent abroad. In April, it posted a record monthly payments deficit of $1.1 billion. Key reasons: a surge in Japanese bank loans to foreigners and a sharp increase in overseas investment by Japanese businessmen, both occurring with government approval. Another important reason was the lessening of Japan's trade surplus with the U.S., its chief market for exports and supplier of imports. During...