Word: loaning
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...trash heap 14 months ago. Under BMW, Rover Group also included two other loss-making brands: the Mini, which BMW kept, and Land Rover, which was sold to Ford. And more than half of 1999's losses came from expenses that no longer exist, including interest on loans, loss-making fleet and overseas sales, and the costs of maintaining a workforce of about 35,000. Rover workers now number a mere 6,500. Skeptics, however, maintain that Rover's success is largely derived from the $707 million dowry bequeathed to it by BMW as a 50-year loan...
...other Brazilian cities. Andrade's students sell out the local theater and put on shows as far away as Italy. They attract funding sources like the Washington-based Ashoka organization, a nonprofit group that identifies and supports 1,100 "social entrepreneurs" in 41 countries. Last year a $550,000 loan from the Brazilian government let EDISCA move into a new building...
BUYERS BEWARE Home buyers rely on appraisers to give fair estimates of property values. Some lenders do more than rely on them: they lean on them to inflate values so appraisals do not lower the property value after the loan size is determined. The higher value may come at the expense of buyers, who can end up borrowing and paying more than they should, appraisers say. Industry groups have spoken up, hoping to end the practice via discussion and awareness...
...half of it is covered with cactus, and the beans he grows earn him less than $5 a day. "With six children and my wife, it is not enough." He was in debt 50,000 pesos--about $5,000--and could not pay even the interest on his loan. "I was thinking about coming to the U.S. for a while. Finally, I told my wife, and she said, 'If you can do it, get it done.'" His only other choice was to sell part of his land, which would make it even harder to earn a living for his family...
Rubin also heralded strong leadership during the Mexican financial crisis and helped lead a bipartisan effort to control the effects of the loan defaults...