Word: loans
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Dates: during 1940-1949
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...been one of MGM's brighter satellites. Then she dimmed. She was making a nice living, but chiefly as a loan-out. One day Irving Thalberg (Hedda remembers when L.B. hired him) decided: no more loan-outs. "Irving," she cried, "you don't mean me?" "Yes, Hedda," he replied, "I mean you too." As an actress, she was finished...
...world needs went, the first issue was only a penny in the cup, just equal to the Bank's first loan-$250,000,000 to France (TIME, May 19). However, the Bank does not intend to float any more bonds until it sees what Congress does to finance world reconstruction by the "Marshall approach." Only then will the Bank know how much money it needs to finance the "good risks" of the world...
More serious than the drastic cut in the loan made by U.S. inflation was the fact that most of the money had gone for consumers' goods, rather than for equipment that would allow Britain to produce more. In the first six months of the loan, Britain had made U.S. purchases in the following proportions: tobacco 32%, food 24%, oil 12%, raw materials 11%, films 5%, ships...
...Card. Another possible drain on "Loan" dollars begins this week as Britain becomes obliged to convert into dollars some of the sterling credits held by foreigners (TIME, June...
...situation might be to invite foreign capital to help the Plan Quinqnenal. His urging was believed to be partly responsible for last week's lifting by the Central Bank of all restrictions against the entry of foreign capital into Argentina. There was even talk of seeking a U.S. loan. For Peron, this remedy would have a bitter taste. He has boasted that by the end of his six-year term "not an inch of soil, not a breath of air" in Argentina would be alien-owned. Now foreign capital was to receive "the same treatment and rights enjoyed...