Word: loan
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Remember the airline bailouts following 9/11? Less than a month after the 2001 attacks, Congress rushed through a $15 billion bounty of subsidies and loan guarantees for U.S. carriers--which suffered catastrophic human and business losses that day and the next two. Washington first forked over money for anything that could be linked to 9/11, then paid out $1.5 billion in assistance to five airlines that claimed to be on the verge of extinction...
...management team led by current CEO Doug Parker, 41, was in the process of transforming the airline when 9/11 hit. Parker was first to ask for--and receive--a government loan guarantee from the Air Transportation Stabilization Board (ATSB), which had $10 billion to dole out in such guarantees. Barely three months after the attacks, America West was handed a $379.6 million loan-guarantee package. In return, the government demanded severe limits on labor costs and took 19 million stock warrants giving it the right to buy shares...
...corporate investors for its pioneering for-profit microcredit venture by pointing to its successful four-year trial run with a private donor-backed fund. Both funds seek to lend credibility--in the form of hard-currency collateral--so that MFIs can establish relationships with local banks and get better loan rates. Likewise, Citigroup has used its branches in places like Kenya to make local-currency loans to MFIs, with the hope that conservative local banks will follow suit...
...couple decided to get hitched and move to Cambridge full time. The two live in an off-campus apartment near Alewife. While Brad studies, Rachelle works full-time as a mortgage loan officer at Cambridgeport Savings Bank...
...every student applying for financial aid, the federal government awarded funds in the 2000-01 academic year for the low-interest Perkins loan program in the amount of $169.23 for Brown, $174.88 for Dartmouth and $211.80 for Stanford, according to the study...