Word: loan
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Dates: during 1980-1989
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...There is a good chance, however, that at least some of the newcomers might ultimately be housed in the occupied West Bank, where U.S. policy strongly opposes Israeli expansion. Secretary of State Baker was none too pleased with that prospect when Israel informally requested $400 million in loan guarantees to build housing for new emigrants. His frosty response: the U.S. was unlikely to be able to find that sum "in this day of severe budget constraints...
...unrealistic to expect that Harvard alone can solve completely the nation's or even its own shortage of minority and women academics. Larger institutional changes--such as tax incentives and loan exemption for those embarking on academic careers--will be integral to real progress...
...Department of Education yesterday indicated that other students receiving federal aid do not have to sign the oath because they are not technically "grantees" as defined by the legislation. While the government distributes aid directly in the Pell, the educational institution is the grantee for the Perkins Loan and College Work-Study programs...
...ignored. Last week the Government Accounting Office reported that the losses in just one HUD program, the Federal Housing Administration, totaled $4.2 billion -- five - times the amount the Reagan Administration had conceded. That bill lands on top of the $300 billion or so needed to rescue the savings and loan industry -- another problem that Washington chose to overlook while the losses mounted...
...Major U.S. banks have tried to prepare for the day when they would have to acknowledge the hopelessness of collecting most of their troubled loans to developing countries. Last week that process gave way to a rush of reality as three major banking companies set aside funds to bolster their loan-loss reserves, a move that will give them stiff deficits now but help insulate them from defaults in the future. Manufacturers Hanover added $950 million to its reserves, Chase Manhattan $1.15 billion, and J.P. Morgan $2 billion. To shore up its finances, Manny Hanny also agreed to sell...