Word: loaned
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Dates: during 1980-1989
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...Peabody official, who asked not to be named, said that after learning that New York government officials were using their resources to squeich the Perot-Indian Museum deal, the Peabody decided to approach Perot with its own loan program "lest that 70 million go to waste...
...museum is heavily dependent on federally funded, nationwide loan programs to increase the collection's exposure, said Karlovsky...
...incurious about their depositors, even those who walked in with suitcases full of cash. But nowadays any American banker who looks the other way is looking for trouble. Reason: the Federal Government is trying to stamp out money laundering, the process by which banks often unwittingly help drug dealers, loan sharks and other criminals convert their conspicuous piles of small bills into checks and other instruments...
...Some provisions of the plan are designed to squeeze more taxes out of industries thought to be treated unduly mildly now. Banks and other financial institutions generally would have to pay more. For example, they could no longer defer tax on money added to reserves to guard against future loan losses. For the most part, they could deduct only actual rather than estimated future loan losses, and then only in the year that the loans prove to be uncollectible...
...income family of four in Gaithersburg, Md., with total income of $60,000. They pay $4,535 in state and local taxes, take a $960 tax credit for child-care costs and have interest deductions of $15,000 on a mortgage, a car loan and an old college loan. The group health insurance provided by their employers would add $300 to their taxable income under Reagan's proposal...