Word: loans
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Dates: during 1980-1989
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...drinking heavily. He ran for mayor of Plains, and was defeated. To pay back taxes, he had to sell his property, even the filling station -- "the only thing that was really mine." He became a registered agent for Muammar Gaddafi's regime in Libya, with a $220,000 Libyan "loan...
Instead of forgiving loans, bankers are swapping debt for equity stakes in local companies. Citicorp last month swapped $66 million of Chile's debt for a $56 million stake in a forestry project. Some loans are being taken over by organizations concerned about the welfare of developing nations. Conservation International, for example, bought $650,000 worth of Bolivian debt from Citicorp at the discounted price of $100,000. Instead of demanding payments on the loan, the nonprofit organization has created a wildlife sanctuary in the Amazon Basin that the Bolivian government has agreed to protect...
...sure that if you go to a bank and ask for $10,700,000, they will ask you immediately how you are going to pay that loan back," said Councillor Saundra Graham...
...happening that is not best appreciated as a news event. NBC's telecasts lacked juice. They dampened emotions by highlighting what often proved to be the wrong events; they cut away at the wrong moments; they stinted most medal ceremonies. The dominant, brooding presence was anchor Bryant Gumbel, on loan from Today. He was as smooth and knowledgable as usual, but with gravity better suited to a Moscow summit. NBC has plenty of on-air talent, including Gayle Gardner and Bob Costas, but no producer akin to ABC's Roone Arledge to evoke the poetry of the Games...
...proposed program has several advantages over the existing Stafford Student Loans, as the former Guaranteed Student Loan program is now called. Since repayments are directly taken from one's earnings, like Social Security deductions or income tax withholding, default is rendered virtually impossible...