Word: loans
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Dates: during 1980-1989
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...Vorenberg's effort to present the public-interest option to students at a school notorious for supplying the partners of the nation's largest corporate law firms. (Only 6 percent of Harvard Law School students currently go into public-interest law.) Vorenberg also instituted the nation's most generous loan-forgiveness program two years ago, which pays the debts of students with incomes under certain minimal points...
Commendably, Clark has announced that he would double the budget for the loan-forgiveness program. But his decision to eliminate an office that provided not only placement services but also help in career planning is unfortunate and should be remedied immediately...
...bridge loan to Donald Drisdell, let the record show that this loan was given to allow Mr. Drisdell to fund the purchase and repair of a piece of property in Cambridge, and not in Somerville, as was reported erroneously in the article...
...Toronto trading in the company's shares was halted for three days while the firm scrambled to meet a Friday deadline for repayment of loans from its U.S. investment bankers: First Boston, Paine Webber and Dillon, Read. Campeau averted the crisis by arranging a $250 million loan from real estate giant Olympia & York, a major Campeau stockholder owned by Toronto's Reichmann family. As a result, Campeau's controlling interest in the firm he founded in 1949 slipped below a majority stake, from 53% to about 43%, while the Reichmann holdings increased from 24.5% to some...
Reality: This one contains two outright fabrications. The Suzanne Vega concert was so poorly attended that the council lost money hand over fist, had to take out a loan from BayBanks to cover their costs, and attempted to renege on their agreement with Vega to donate a portion of the concert's proceeds to AIDS research...