Word: loan
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...That figure will likely be ratcheted down given that the Detroit Three are now expecting a possible loan from the TARP funds, but critics warn even if Ottawa steps up with billions of dollars in aid, it won't be able to secure any job guarantees. "The real action is between Detroit and Washington," says Joe D'Cruz, a specialist in business strategy at University of Toronto's Rotman School of Management. He's concerned that Washington could make the transfer of jobs from Canada - which accounts for about 15% of Detroit Three production in North American...
...difficult and unpredictable votes. "Evidently, the only thing that matters to the majority on the other side of the aisle is that workers get paid too much in this country, and unless we sock it to the worker, they will not be willing to allow a $14 billion bridge loan in order to save an industry," said Senator Debbie Stabenow, a Michigan Democrat. "This is not tonight about Democrat and Republican. This is not about auto executives vs. workers. It's about the economy...
...Subversion” features 50 pieces, mostly lithographs and etchings on paper as well as photography and oils that span a 30-year period from the mid 1950s to 1980s. The exhibit contains works from the new Davis Center collection as well as pieces on loan from Rutgers University and from Dodge’s personal collection. “This is the first dive into the visual arts for the Center. For us it was exciting to bring the arts into the Center where there is a heavy emphasis on social sciences,” says Tarlow...
...Walker, a veteran of World War II and the Korean War who made a name for himself by heading up the investigation into the riots at the 1968 Chicago Democratic National Convention, came into office the same year Kerner was convicted; after he left, he started a savings and loan business and was indicted for making $1.4 million in fraudulent loans, which he used to pay personal expenses including maintenance on his 80-foot yacht. Walker pled guilty, saying, "I have deep regrets and no excuses." He was sentenced to seven years in prison but served only 17.5 months...
...automobile sector is a priority industry for the Chinese government, and many carmakers are already heavily backed by the state, which could aid to keep local champions afloat through the downturn. This week Chery, one of the country's most successful domestic automakers, received a $1.5 billion loan from China's Export Import Bank. Jin Yibo, Chery's spokesman, says that the loan isn't government aid or any sort of bailout, but a "business deal" between Chery and the bank. However the money is characterized, it will be a boost to Chery's operations. Jin says the funds will...