Word: loaning
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...Robert Rubin, perhaps the most popular Treasury Secretary in the postwar era, redefined that Cabinet post from discreet adviser and signatory of our currency to a sort of global emissary and projection of American geopolitical clout as it is expressed now--not in warheads or throw weights but in loan guarantees and bailout packages...
...costs about $300 a year (for information, call 800-427-4661). Don't expect the government to come to the rescue, either. Only some 10% of all natural disasters actually qualify for federal assistance. And even in those dire cases, you can usually get only a special, low-interest loan, not cash compensation...
...borrow it from the Jewish moneylender Shylock. Shylock agrees to lend him the sum for three months but demands as his bond a pound of Antonio's flesh. A contract is drawn up, signed and sealed, and misery descends on both parties. The mutual hatred bound up in a loan under the laws of Venice boils over. Shylock's daughter Jessica falls in love with the Christian Lorenzo and abandons her father. As reports trickle in that Antonio's ships are all lost at sea, Shylock becomes more and more wrapped up in his desire for vengeance and his determination...
...reform, but he was predictable," says TIME Moscow bureau chief Paul Quinn-Judge. "The response of the market is the initial feeling of the panic at the void of the unknown opening up in front of them." Primakov had just secured a $4.5 billion stopgap loan from the IMF; that will have to be renegotiated, as will Russia's aid arrangements with the World Bank. Now that the Russian parliament is bracing for another round of reject-the-nominee and Moscow leadership is a vacuum once more, Europe is just waiting for the bleeding to start again...
...historic lows and jumbo rates relatively low compared to conventional mortgage rates, there's little reason to sweat this issue at the moment. Go for the jumbo if you can afford it. If you're just over the breakpoint, you could make a larger down payment to reduce your loan amount. But that money might be better spent in a stock fund. Another option is a piggyback structure, where you borrow just under the jumbo limit and take a second loan for the rest. That second mortgage comes at a hefty premium--maybe a couple of percentage points more than...