Word: loaned
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...year). More pointedly, the contract allows such raises only if they can be offset by increases in productivity or reductions in fringe benefits. As a result of the agreement, Treasury Secretary William Simon announced that New York would immediately get a $500 million installment on the $2.3 billion in loans promised by the Federal Government. The loan enabled the city to survive yet another deadline in meeting financial obligations or going into bankruptcy...
...when, if ever, they can get their money out. It happened late last month in Mississippi, and the case serves as a reminder that there are still some holes in the vaunted system of federal insurance that generally makes the great bulk of deposits in banks and savings and loan associations totally safe...
...bill means the end of private S&L insurance in Mississippi: the closed institutions are required to negotiate to join the Federal Savings and Loan Insurance Corp. by April 1, 1977. Meanwhile, 18 have been allowed to reopen, but 22 are still closed, and the savings of their depositors hang in the balance. For example, Bankers Trust Depositor H.G. Fowler, 68, lived with his wife in a mobile home for 18 years while they saved to buy their own house. They did, only six days before the lawsuit was filed against Bankers Trust, and now worry that if they cannot...
...curious lines about snow in the Seychelles were written by the former crown colony's new President, James R. Mancham, 36. A handsome, black-bearded lawyer who revels in his reputation as a playboy, Mancham is also a shrewd politician. He helped negotiate a $20 million loan from Britain. which also granted the new micro-nation title to Aldabra, a world-renowned tropical bird sanctuary, and to two other islands. The Seychelles are halfway between Africa and Asia, and Mancham is adamant about keeping the Indian Ocean "a peaceful lake." He has assured United Nations Secretary-General Kurt Waldheim...
...high for any company. Under the new refinancing plan, the bankers agreed to exchange $50 million of the unguaranteed portion of the debt for warrants to buy Lockheed preferred stock. The remaining $350 million in unguaranteed debt was also converted -from 90-day term notes to an extended term loan calling for installment payments stretching into...