Word: loaned
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Dates: during 1990-1999
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Epstein, interviewed twice this week while attending a conference in Turku, Finland, repeatedly emphasized that the case was a matter of his personal finances and had been settled. He said he had guaranteed the loan for two companies, with which he was involved, and that he is pursuing unspecified action to recover the money he will be paying to Manufacturers...
...court settlement and this review may complete the episode. But according to Epstein's colleagues and students at the Business School, the loan default, at best, raises questions about Epstein's judgment, and, at worst, raises questions about his ethics...
Epstein says he had tried to help "somebody else" out by guaranteeing the loan. He would not say who the other person or people had been...
Professors who know him say they have respect for Epstein, who has focused much of his study on legal and ethical responsibilities and the use of corporate reports by shareholders. But even professors who say they are close friends of Epstein say they were totally unaware of the loan or the failed businesses...
Professor of Business Administration William J. Bruns, a friend of Epstein's since his days at the University of Oregon, says that while the professor may have exercised bad judgment in signing onto the loan, his financial history should not be a public issue...