Word: loaned
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Dates: during 1980-1989
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...Cairo, another critical favorite. A young wife, her dream of eloping with a movie idol crushed, finds another dream born while gazing raptly at another wonderful picture. For the few privileged moments when Truffaut and Allen occupied center screen, Cannes declared that the film industry is only on loan to the merchants. It belongs, first and finally, to the magicians...
...economists admitted, however, that a few lurking dangers could ambush the economy. For one thing, public confidence in the financial system is fragile in the wake of the savings and loan crises in Ohio and Maryland. So far, the trouble has been limited to institutions without federal insurance, but Greenspan is concerned that the uneasiness of depositors could spread. Said he: "Although the Ohio and Maryland savings and loan situations are of negligible dimension, they are scaring everyone silly. If people ever became disaffected with the federal insurance system, you could get emotional runs on the S and Ls that...
...different kind of savings institution emerged with the founding of the Oxford-Provident Building Association in Frankford, Pa. This forerunner of the modern savings and loan was created to give loans for home building. Over the years, the two types of thrift institutions -- savings banks and savings and loan associations -- became very similar, and both pursued the same primary goals: catering to small depositors and granting home mortgages. Commercial banks concentrated on business lending and had the legal power to make a broader range of investments, from oil ventures to foreign loans...
...austerity package prescribed by the International Monetary Fund, which has, among other things, eliminated government subsidies on oil products and devalued the cedi, Ghana's hyperinflated currency. Last year the country's gross national product rose for the first time in a decade. Says John Ijichi, Ghana's loan officer at the World Bank in Washington: "What is refreshing in Ghana is that people openly admit that the situation is their fault...
...Army major general, had just ended a brief speech pleading for support for the Nicaraguan contras, specifically money for combat boots. One of the guests, a local businessman, stepped forward and wrote a check for $25,000; a few days later the same donor agreed to provide a loan for $50,000 more. The contribution paid for the , purchase of hundreds of pairs of boots -- and Singlaub was elated. Said he: "That's a real patriot...