Word: loan
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Dates: during 1980-1989
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...negotiable than the old debts. Reason: before issu bonds that would be worth $10 billion when they mature in 20 years. The U.S. bonds would then serve as collateral for the new Mexican paper. While the proposal may be a breakthrough in the debt standoff, the $10 billion in loan relief would still leave Mexico with a daunting load. Moreover, the scheme may not be readily adaptable for such other debtor nations as Brazil and Argentina, which cannot match Mexico's relatively healthy $15 billion in foreign currency reserves...
Already, the limited coming-to-grips with bad loans has wiped out 1987 profits at many major U.S. banks. Analysts expect most of the largest institutions to post overall losses. Among them: Citicorp, BankAmerica, Chase Manhattan, Manufacturers Hanover and Chemical Bank. Last week Pittsburgh's troubled Mellon Bank, the twelfth-ranking U.S. institution, disclosed that it would be about $220 million in the red for the fourth quarter, after boosting its loan-loss reserves...
...patients provide Margaret with the excitement which is completely missing from her own life. In an attempt to save one of them, she seeks out Mike, the loan shark who is threatening him. Mike is a slick, charming con man, played with great, seedy elan by Joe Mantegna. He shows her some of the tricks of the con man trade, and for the first time in the movie we see Margaret shed her stiff exterior and smile...
...letter said Harvard had replaced the twoprograms with "limited" loan subsidies for newfaculty and "a small, limited second mortgage plan($20,000 maximum...
Only after accepting a loan from the Athletic Department was the squad able to travel to the tournament. That year, the Crimson won the national collegiate title...