Word: loaned
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Dates: during 1970-1979
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Warning slips are a very serious matter for us. When a person goes to the employees' credit union for a loan, credit union administrators check to see if any warnings are on his record. The number of warning slips needed to prevent a loan is not known, but having warning slips on your record can prevent you from obtaining money. Warning slips also hinder a person from getting a summer job or renting an apartment, or anything for which a reference is needed, including job promotions...
...commercial bank, which cannot pay him interest on the money he keeps in the account. But if congressional reformers get their way, consumers will soon be able to open interest-bearing checking accounts not only at commercial banks, but also at mutual savings banks, savings and loan associations or even credit unions. Further, consumers could turn to an S and L for a car or boat loan, to a mutual savings bank for a credit card, or to a credit union for a trust account-all services that these "thrift institutions" are now legally forbidden to offer...
...Savings and loan associations, now largely limited to making mortgage and construction loans, could make all types of consumer loans, invest in corporate bonds and other types of debt securities, and offer trust services...
...Adolfo Sardina, 43, came to the U.S. from his native Cuba in 1956 and opened his own house in 1962 with a $10,000 loan from Bill Blass. The loan was repaid within a year as Adolfo's well-bred, expensive (up to $775 for Chanel-type hand-knit suits) couture clothes caught on. American style, as he sees it, "is an aura of comfort, elegance and youth. It's a feeling." The feeling is shared by such customers as Betsy Bloomingdale, Nancy Reagan, Gloria Vanderbilt Cooper, Mrs. Ray Stark, Babe Paley and Mario Thomas, who helped build...
...thought if he could swing a few faculty votes to his side he might ultimately prevail," the friend says. Pavlovich apparently realized plea bargaining was out of the question. He was "acutely aware that his was a precedent-setting case for loan fraud cases," the friend who spoke to him says, adding that Spiro "thinks he's got the whole world against...