Word: loan
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Kean is contemplating a staff of at least 50 divided into several task forces that will sift through classified documents and interview current and former officials. One reason for the increased budget: the commission wants to hire its own staff and not rely on officials on loan from the very agencies under investigation. "They want people independent of the agency," said one source. "Everybody's got oxen to grind." The commission also has yet to receive a copy of the highly classified 800-plus-page report from last year's joint House-Senate inquiry on 9/11. Meanwhile, Congress is still...
...Ississ suggests that Harvard could help international students with the financial challenges of returning home by forgiving international student loans for those who seek employment in their native countries, a suggestion seconded by Abu-Ayyash. “The financial compensation has to be adequate to secure a decent standard of living,” Abu-Ayyash says. “Universities can help by helping students find scarce opportunities at home, and perhaps even offer a Harvard loan reduction for indebted students from developing countries if they return home, similar to the new system put in place...
...course, not every family loan is a disaster. In the best of circumstances, such transactions can benefit everyone involved. "If all goes well, then it's a win-win situation," says Gurney. "You've helped a family member, and they've proved their trustworthiness. Still, you should go into any of these loans with your eyes wide open. The primary currency in a family is love and support. When you lend money, you're risking losing these...
Jusseaume says his lending experience has brought him closer to his family. "If a loan is handled in a businesslike fashion with a real spirit of giving, only good can come of it," he says. "My nieces and nephews are extremely appreciative, and they're finally in a position where they don't have to worry about saving for a down payment." They also know they have family they can count...
...buck. But no one has worked the angles like Truong Van Cam, a.k.a. Nam Cam (Fifth Orange), who reigned for 15 years as the Godfather of Saigon. The 56-year-old former dockworker and soldier ran card games and cockfights, restaurants and brothels, collected protection money and loan sharked. He raked in an estimated $2 million a month?small potatoes for other Asian dons, perhaps, but unheard-of wealth in Vietnam. Cam needed money to buy protection, which he did wholesale. A few times a year, he'd throw cognac-fueled parties for senior police officers, offering girls along with...