Word: loaned
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
Fraudulent Dealings. Lament's sudden liquidity, federal prosecutors charged, was the result of fraudulent dealings. She allegedly obtained a $200,000 loan from a West Virginia bank. Then she struck a deal with John Barry, a Canadian who was looking for money to refinance his Toronto film studio; Barry gave her $60,000 in exchange for what he describes as a promise to raise $2 million for him from European banks. By the end of 1973 Barry had received neither his loan nor the return of his original deposit; he then alerted Stoessinger and went to the Canadian authorities...
Later, when tedium set in, Gaddafi managed to arouse the assembly by signaling to Premier Abdul Salam Jalloud. who announced that any Libyan wanting to build a house would receive free land, along with a guaranteed bank loan for construction. The crowd came alive with cheers...
...reason for the declines is somewhat ominous: business loan demand is still weak. Between January 1975 and last September, the volume of business loans made by major New York banks fell 21%, the largest and longest-lasting drop since the 1930s. The Government estimates that real capital spending -business outlays for new plant and equipment, discounted for inflation -this year will be only 2.5% higher than in 1975 and almost 10% below the peak...
...historic lows, going from $2.03 in January to $1.68 last week, despite the ruling Labor Party's vigorous efforts to hold down wages and increase output and exports. After the latest currency crisis in September, Whitehall was forced to ask the International Monetary Fund for a $3.9 billion loan. If approved, the loan is likely to be accompanied by strict requirements that Britain hold down its money supply, which could require slashes in its expensive program of social services. That could infuriate British unions, without whose support the government cannot stay in office. Last week, tens of thousands...
...response to a question concerning the difficulty of middle-income families in financing a Harvard education, he said the University has tried to develop an "imaginative series of loan programs" to deal with the problem