Word: loaning
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According to historians, the murder was motivated by money. Webster owed Parkman a loan which totalled, with interest...
...American auto now at $19,200, up $1,000 from a year ago, higher rates could turn interested shoppers into mere tire kickers. To keep sales moving at the brisk pace of 15.5 million cars and trucks a year, the automakers financing units have absorbed part of the higher loan costs instead of passing them along to customers. While that has worked so far, companies fear that sales could drop off sharply if rates go much higher...
...renegotiate the $1.3 billion mortgage it acquired in 1989. (That was the heady period when another Japanese firm, the Minoru Isutani Group, acquired California's famous Pebble Beach golf course for $840 million, which it sold at a 40% loss two years ago.) Mitsubishi threatened to default on its loan last week, which some analysts say was a calculated move. "They're figuring out that the way to get the banks to listen to them is to threaten bankruptcy," says a New York real estate analyst...
Walsh was convicted of concealing second mortgages on loan applications submitted to the Dime Savings Bank, but Walsh and others contend that Dime knew about the second mortgages and did not care...
...Frances G. Schwartz, an attorney in Walsh's firm, was fined $20,000 and received 24 months probation and mandatory drug testing as prescribed by probation authorities. A. Eric Peach, a Dime loan originator, received 24 months probation, the first six months of which will be electronically monitored...