Word: loaned
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Dates: during 1980-1989
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Only 15% of the original beard is known to exist. Most of that is in the Egyptian Museum in Cairo, but a 31 -in.-long fragment sits in a back room at the British Museum in London. The Egyptians want the missing link reinstated. The British have agreed to loan them the fragment, but only on condition that it be returned to London within ten years and that it not be reincorporated into the monument. Fearing that Anglo-Egyptian relations may prove as hard to restore as pharaonic constructions, the Egyptians have hit upon a Solomonic solution: while negotiations continue...
...Lord & Taylor and Saks Fifth Avenue, which quickly decided that the bonbon biscuits would make excellent Christmas gifts at about $10 a box. Grey, a former Playboy bunny and wife of a Los Angeles lawyer, put up her Mercedes-Benz 4505L as collateral for a $25,000 bank loan to build her fledgling business. Since starting full-scale production early last fall, she has shipped 25,000 boxes...
...under enormous and dangerous debt loads, but their finances remain shaky. Two weeks ago, the new government of Argentina requested a six-month grace period for interest payments on its $40 billion debt. A team of bankers and troubleshooters from the International Monetary Fund approved a $10 billion emergency loan package in November that once again saved Brazil from defaulting on its $91 billion debt, but the country's economy is deeply depressed and has been plagued all year by strikes, demonstrations, riots and looting. As a major petroleum exporter, Mexico was hurt by the oil price decline. Nonetheless...
...paid only 5% for their deposits now need to offer rates of 8% or more on a large portion of their savings accounts. That is one reason why 45 banks-a post-Depression record-have failed this year. Hit hardest in the turmoil are savings banks and savings and loan associations. The number of these thrift institutions has dwindled from about 4,500 to 3,600 since 1980. The strongest survivors, like Buffalo-based Goldome, are rapidly expanding by absorbing their weaker competitors...
Some customers said they had been attracted by the prestigious company that the Sentinel concerns kept. Sentinel was a client of the prominent Wall Street law firm of Cadwalader, Wickersham & Taft, which has also counseled the likes of Holiday Inns, Occidental Petroleum and the Federal Home Loan Mortgage Corporation. Peat, Marwick, Mitchell...