Word: loaned
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...investing in new technologies for a sustainable planet" [June 9]. This year alone, the Bush Administration will dedicate more than $5 billion to research, develop and promote technologies including low-emission coal, renewables, nuclear power and vehicles powered by advanced biofuels, electricity and hydrogen. More than $40 billion in loan guarantees will help put such technologies to use. The President's 2009 budget calls for nearly $1 billion in public and private investment for the world's most ambitious program to demonstrate nearly emission-free power from coal. Last year's energy-bill mandates include billions of dollars of private...
...week and she realized she couldn't keep making her mortgage payments. Selling the house was hardly an option. Properties on her block were going for $135,000; two years ago, she'd paid $188,000. She had phoned her bank and tried to renegotiate the terms of her loan. "Every time I called," she says, "they gave me another number to call." She grew frustrated. Then she panicked...
...worth. So two months ago, he paid Short Refi Me $1,495 to try to get his banks to agree to be paid off by a new mortgage, based on a current appraisal. If it works, Stopczynski will also pay the San Diego company 1% of the new-loan value--and he'll get to stay in his home. "I wasn't getting past square one with the banks," he says. "I figured it was worth the gamble." And a gamble it truly is. The only surefire way to get out of a crushing mortgage is to stop mailing...
...billion, most of it invested in stocks that Einhorn actually likes. But Greenlight also makes money short-selling the stocks he doesn't like. Six years ago, Einhorn stood up at a charity event and recommended shorting Allied Capital, a finance company that he was convinced was understating its loan losses. The company vehemently disagreed, igniting a long war that is the main subject of his book. But as Einhorn recounts in a tone of aggrieved righteousness in its pages, his greatest disappointment was with the financial media and the Securities and Exchange Commission (SEC), which instead of joining...
...investing in new technologies for a sustainable planet" [June 9]. This year alone, the Bush Administration will dedicate more than $5 billion to research, develop and promote technologies including low-emission coal, renewables, nuclear power and vehicles powered by advanced biofuels, electricity and hydrogen. More than $40 billion in loan guarantees will help put such technologies to use. The President's 2009 budget calls for nearly $1 billion in public and private investment for the world's most ambitious program to demonstrate nearly emission-free power from coal. Last year's energy-bill mandates include billions of dollars of private...