Word: loan
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...California Anatomy of a Bank Run The fall of IndyMac, the second largest financial institution in U.S. history to collapse, alarmed depositors and caused a run on the bank akin to the savings and loan crisis of the 1980s. How the panic spread...
...where both McCain and the RNC together have $96 million in the bank, almost $100 million," Plouffe said. In some ways, the recent spate of news stories fretting over the state of Obama's fund-raising can only help. After all, the revelation that Clinton had been forced to loan herself $5 million before Super Tuesday spawned a one-day record-breaking online haul of $10 million for her campaign. Obama has never tested his network's fears: fear of a third Bush term, of continued GOP control of the White House, of losing. If hope can raise $300 million...
...from Palmeiras or Corinthians is fit to lace the boots of Kaka or Ronaldinho, the most recent winners of the World Player of the Year award. Of the 11 players who started against Argentina last month, only one, Adriano, played for a Brazilian club, and he was there on loan from Internazionale of Milan...
Lenders often agree to loan modifications when borrowers run into trouble--one industry group says 315,000 home loans were modified in the first five months of this year. The Dodd-Frank plan aims to increase that number with help from the FHA. The agency would insure existing loans in which a) the lender forgives at least 10% of the debt and switches to a fixed rate and b) the borrower agrees to split any sale gains with...
...China at all. The Japanese public questions why Japan should expend its resources assisting a nation that is rapidly becoming its chief competitor. The short answer is that if Japan doesn't, someone else will--and will reap the rewards. Yet Japan's Ministry of Foreign Affairs discontinued new loan projects to China this year, although existing loans will be honored, and other types of aid, like technical assistance, will continue...