Word: loaned
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...government should provide the $700 billion as loans to companies that want it - which would have to be repaid with interest to the Treasury. To qualify for such a loan, the receiving company should be barred from granting executive bonuses or paying dividends to investors until the loan (and interest) is repaid. This would infuse the needed money into the system and free up credit markets. But in the long run, it would cost taxpayers nothing. Robert P. Hebbel, NORTH OAKS, MINN...
...fear itself," global stock markets rallied Tuesday for the second straight day, amid a flurry of government moves to prevent rocked financial and banking systems from collapsing. Less than a day after European leaders revealed a collective commitment of more than $1 trillion in capital injections and interbank loan guarantees, a 14% bound by Tokyo's Nikkei index led surges across Asia. Bourses in Europe also opened with renewed gains ahead of Wall Street's 3.8% opening spurt. Yet the burst of renewed confidence inspired sober observers to take up the Churchillian reminder that this is less "the beginning...
...addition to the Nevada raid, voter registration drives in several other states have been scrutinized, while the group's campaigns to demand fair housing loan practices has opened it up to charges that it advocated risky subprime mortgages. On its website, ACORN has called the allegations of voter fraud "bogus" and "unfounded." The organization says it works with authorities and identifies all the fraudulent forms that it can, and that the campaign against its registration drives is a ploy to "disparage our work and help maintain the status quo of an unbalanced electorate...
...with extreme hyperextension, a feat that could be trite and crude in the hands—or rather feet—of another. “Liturgy,” choreographed by Chistopher Wheeldon, was billed as the highlight of the evening, by virtue of the two stars on loan from New York City Ballet, Maria Kowroski and Albert Evans. Kowroski, in a startling flesh-colored leotard fashioned like a bikini, had the unenviable task of taking on a role created on Wheeldon’s muse Wendy Whelan, largely inimitable in her otherworldly, limbless, spider-like movement...
...euro group plan aims at freeing up credit markets by underwriting loans banks make to one another - activity that has virtually halted amid general suspicion about borrowers' ability to reimburse funds - and resume the lending to companies and consumers necessary for economic growth. The euro group package will also allow national governments to buy preferred shares through capital injections to save swamped banks from failing, and allowing those in less perilous condition to fully sanitize their finances and return to normal operation. As such, the euro group plan was largely inspired by the rescue package British Prime Minister Gordon Brown...