Word: line
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Dates: during 1990-1999
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Moynihan is one of only a handful of Capitol Hill Democrats putting their names behind Bradley, while Gore's campaign announces new lists of endorsements almost daily. But when it comes to placing their own futures on the line, other Democrats are hedging their bets. Even as House minority leader Dick Gephardt works hard to shore up Gore support among labor and in Iowa, he will not do anything to imperil his chances of taking back the House--which is why he is not squeezing hard on wavering members. "You've got to do what you need...
...Amoco is one of a growing number of U.S. and European companies that have begun issuing annual reports that describe not only their financial performance but also details about their environmental and social or ethical behavior. This so-called triple-bottom-line exercise in corporate citizenship is based on the belief that companies owe stakeholders--customers, employees, activist groups, the public--an annual warts-and-all airing of their environmental and societal records, just like the flow of financial data they must provide to shareholders. But since environmental or ethical misdeeds can lead to profit-hammering headlines, the extra information...
Home-equity loans are available at fixed or variable interest rates. Householders can borrow a lump sum or set up a revolving line of credit that they can tap into as they please; amounts repaid can be borrowed again. Though such loans were once used for home expansions and remodelings, today's householders are borrowing for all sorts of purposes. Among them...
College Tuition. Janet Tedesco, a high school teacher in Metairie, La., and her husband Ken, a college development officer, arranged a $65,000 line of credit in 1997. They are using it to put two children through school--Kerri, who graduated from Spring Hill College in Alabama in May, and Philip, a sophomore at Notre Dame...
Multipurpose. Harold Halpern, an Atlanta tax accountant, has used home-equity loans to buy, among other things, an Isuzu Trooper, a vacation home and an adjacent lot. Currently, he is drawing on a $60,000 line of credit to finance his highly seasonal business, which gets nearly all its revenue during spring tax-preparation time but must pay bills year-round...