Word: loaned
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Dates: during 1980-1989
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...dimensional playhouse. Like a giant pop-up book, the Tower courtyard springs from the stage and folds out to provide interior scenes. Costumes are generally adequate and occasionally impressive, but snatches of synthetic fabric detract from the Elizabethan feel, and several chorus members seem garbed in get-ups on loan from neighboring centuries...
...region's financial institutions are increasingly vulnerable to plummeting energy prices. In Wyoming, eight banks failed in the past 2 1/2 years. At the ten largest Texas bank holding companies, energy credits make up about 11% of total loans. As a result, more and more banks are bolstering their reserves against possible future losses. Last week MCorp, the second- largest bank in Texas, announced that it was increasing its loan-loss reserve by about $215 million. First Oklahoma said that it would set aside $27 million...
...high- paying job and return home to poverty. A Mexico City family may no longer be able to afford meat and vegetables because government food subsidies have been slashed. A well-drilling entrepreneur in Oklahoma could face bankruptcy and the loss of his business to creditors. A bank loan officer in California may be forced into a different career because the oil-lending business has declined...
...underline the law's value, civil RICO proponents point to cases like that of Barney and Donna Millsaps. Six years ago, a door-to-door salesman talked them into adding a room to their home in Norfolk, Va., assuring them loan payments would amount to no more than $50 a month. Instead, they wound up with a second mortgage and monthly payments of $148 for 15 years, a burden that strained their modest income until, less than a year later, they had lost their house. But the Millsapses along with eight other families that were hustled in the same scheme...
...unlikely headquarters for a multimillion-dollar business. No grand entrance, no smiling receptionist. But it was in that nondescript room that leaders of the Angiulo crime family, the city's predominant underworld dynasty, met regularly to plan the fortunes of an evil empire fed by murder, gambling and loan sharking. Often their plotting turned to what they considered a vexing subject: how to avoid the reach of a unique federal law called RICO, which not only targets Mob leaders but can also dismantle their whole illegal enterprise. "Remember that word 'enterprise,' " Family Boss Gennaro Angiulo cautioned his brothers...