Word: loaned
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Dates: during 1990-1999
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...sense to postpone the health plan if it is going to make up a large part of the budget. But many Democrats, even in the Administration, agree that Clinton is oversubscribed. And on Friday the President added one more brick to his load; a government takeover of the student-loan program, which will lower collegians' interest rate 0.5% but cost 25 billion Republican-lambastable dollars over five years...
...black America, replacing the emphasis on politics, civil rights and social programs that marked the previous generation of black activists. In Los Angeles, for instance, virtually every black church and community organization now operates some sort of economic program, from economic-literacy and job-training classes to community loan funds...
Until four years ago, Marc J. Epstein was a player in the California real estate market. But two investment companies with which Epstein was associated have gone under in the past two years. Last year, a California court ruled that he would have to pay $2.7 million on a loan he guaranteed for the two companies. Now an accounting professor at Harvard Business School, a California bank has recently forced Epstein...
...AMONG THOSE WHO HELPED CHARLES KEATING BRING about the 1989 collapse of Lincoln Savings and Loan, lawyers in the Cleveland firm of Jones, Day, Reavis & Pogue were pivotal. Without admitting actual guilt, the gigantic firm has agreed to pay a record $51 million to the Resolution Trust Corporation, the federal body managing the assets of failed S&Ls. According to the RTC, Jones Day attorneys -- hired by Keating in 1986 -- were well aware that Keating was practicing financial and legal legerdemain to conceal Lincoln's serious problems. Yet Jones Day raised no alarm. The resulting failure cost taxpayers at least...
Nonetheless, the banker's deals have helped prop up Serbian President Slobodan Milosevic. When heating-oil supplies fell dangerously low last October, the banker loaned Belgrade $2.5 million to bolster the city's depleted reserves before winter. He now wants the loan repaid directly to Jugoskandik depositors...