Word: loaning
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...minute web documentary, featured on the home page of Obama's website, highlights McCain's involvement in attempts to rescue the California-based Lincoln Savings and Loan Association, chaired by political donor Charles Keating, jr, during the spectacular collapse of the U.S. savings and loan industry in the 1980s and early 1990s...
...Following the deregulation of savings and loan associations (S&Ls) in the early 1980's, several of these banks began taking greater liberties with depositors' money, sinking it into risky real estate ventures and junk bonds in an effort to reap maximum profits. Fearful about the future of the vast amounts of federally-insured money being invested, the Federal Home Loan Bank Board (FHLBB) instituted a cap on the amount of money S&L's were allowed to place in such volatile instruments. An investigation into Lincoln Savings and Loan uncovered flagrant violations of these regulations, exceeding the limit...
When Edward Groening went shopping for a car last Thursday, his first stop was Ganley Chevrolet's new car lot in Cleveland. He test-drove a 2008 Impala and a brand-new Chevy Cobalt, and liked them both. With a loan, he could afford whichever one he chose. But like millions of American consumers, Groening decided that any new debt right now is just too risky. So on Friday he walked across the street to Ganley's used-car dealership. There he found a 2007 Impala with 13,000 miles that cost $5,000 less than new one. At that...
...head of the socialist trade union ABVV-FGTB, Rudy De Leeuw, said that three-quarters of union members were taking home between $1400 and $2200 per month. "If you have to pay your heating, your electricity, your loan payments, etc, there's not much left," he said. "And we are not even talking about the pensioners, the unemployed or the handicapped...
According to Korean news reports, Choi became depressed when rumors started circulating last month in the country's very active online communities that she was a loan shark and had driven a fellow actor, Ahn Jae Hwan, to kill himself. The word on the Net was that Choi had been pressuring Ahn to repay a loan of some $2 million. After enduring the accusations (which police said after her death were untrue), Choi killed herself in a "momentary impulse," according to the investigative team, driven by malicious rumors and prolonged stress...