Word: nationsbank
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Dates: during 1990-1999
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...Nationsbank Corp. announced Monday it will provide a $300 million secured line of credit to help finance the 1996 Summer Olympics, whose officials projected a 37 percent increase in the cost of hosting the Games...
Payne said during a news conference that officals would keep their promise not to seek public funding to host the Games--and he said the loan from Nationsbank will help...
...Nationsbank, the fourth largest bank holding company in the United States, will provide the money for ACOG's short-term financial needs, such as the cost of construction, Payne said...
...line of credit gives ACOG the financial stability to support the Olympic Games without the need to turn to governmental assistance," said Kenneth D. Lewis, president of Nationsbank general bank in Atlanta...
...sometimes say the initials stand for "No Cash for No Body." The gripes grew even louder last month, when NCNB and C&S/Sovran said they would merge to form the third largest U.S. bank. Critics predicted short shrift for the poor and struggling. But last week the new giant, NationsBank, promised to lend $10 billion during the next decade in a community-development program that will encompass nine states. Goals include the financing of affordable housing and consumer loans for workers "left on the sidelines of economic progress...