Word: loans
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Dates: during 1950-1959
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...more realistic solution would be to abolish the distinction between national awards and other scholarships. Unlike the usual grants, existing National Scholarships now leave no $300 differential between the award and the need, a gap normally bridged either with term-time work, a loan, or summer earnings above the $300 requirement...
...HOME LOAN PROGRAM by the Veterans Administration, totaling $33 billion, is coming under fire from a House Veterans' Affairs Subcommittee. After a 14-month investigation, the subcommittee charged widespread abuses of VA-guaranteed loans by builders and real estate operators. Among the charges: many loans were granted for non-G.I. projects, builders often overcharged on G.I. housing they did build, and bribed VA inspectors to cover...
...thief who broke into The Church of God, stole twelve folding chairs, a Sunday-school bell, a blackboard, an oil heater and several hymnals, left a note: "To Whom It May Concern: The chairs and items are not taken without just cause, but were taken as a loan and will be returned soon. This is the will...
Minnie's virtue had not been without its rewards, however. At 52 she was assistant secretary-treasurer of the Norfolk Commonwealth Building and Loan Association, and according to an admiring interview in the Norfolk Ledger-Dispatch more than two years ago, her $9,000 salary made her "the highest-paid woman building and loan employee in Virginia." Not that anybody doubted that Minnie earned every penny of her salary. For 20 years she had literally run Commonwealth's business, auditing accounts for four branches as well as the home office. She also did all the hiring and firing...
...their second 30-day check of Minnie's tangled accounts, federal auditors revealed that Commonwealth's entire reserve fund of almost $2,200,000 seemed to be missing. It was beginning to look as though Miss Minnie had been not only the highest-paid woman building and loan employee in Virginia but also the most spectacular embezzler in U.S. history...