Word: loaning
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...symphony had budgeted more than $4.5 million in donations this year, perhaps unrealistically. Yet I would hope that there would be enough wealthy people in San Diego who care enough about music to underwrite the symphony, give it a long-term loan, do something...
Though barely literate, Ralph had managed to avail himself of many federal subsidies and loan programs, but by 1994 he had lost control of the debt load and faced foreclosure. Ralph's brother Emmett was on much sounder footing until his son Richard, enthralled by Ralph's antigovernment rhetoric, convinced Emmett he didn't have to make any more tax or mortgage payments. Ralph's and Emmett's farms were foreclosed in 1994. The renegade Clarks convened their own supreme court and began issuing subpoenas to and posting bounties on elected officials, lawyers and bankers connected to the foreclosures. They...
...David Hale, who has invoked his Fifth Amendment privilege and refused to testify. Hale testified in the Whitewater-related trial which delivered convictions of Clinton's former business partners Jim and Susan McDougal and Arkansas Governor Jim Guy Tucker that Clinton pressured him to make an illegal $300,000 loan to Mrs. McDougal. Clinton denied that charge in his videotaped testimony at the trial. In its final report to be issued Monday, the panel will recommend perjury investigations into the testimony by two White House aides and a confidante of Hillary Clinton, sources told The Associated Press. The three reportedly...
...David Hale, who has invoked his Fifth Amendment privilege and refused to testify. Hale testified in the Whitewater-related trial which delivered convictions of Clinton's former business partners Jim and Susan McDougal and Arkansas Governor Jim Guy Tucker that Clinton pressured him to make an illegal $300,000 loan to Mrs. McDougal. Clinton denied that charge in his videotaped testimony at the trial. In its final report to be issued Monday, the panel will recommend perjury investigations into the testimony by two White House aides and a confidante of Hillary Clinton, sources told The Associated Press. The three reportedly...
...main federal student-loan program, created in 1965, is interest-free while the student is in college. Because of the run-up in the cost of public higher education, loan demand was rising so rapidly that the program was in danger of becoming ruinously expensive. So Congress started a second student-loan program, in which the recipients pay interest even during their school years. This program, rolled out in 1992, now has 2 million borrowers and a loan volume of $7.6 billion. The effect has been that of a one-two punch: as tuitions and fees have risen...