Word: owed
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Dates: during 1970-1979
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...including Chase, organized their own REITS-a move that now seems to have been most unwise. As demand for commercial construction collapsed, many builders and property owners were forced into bankruptcy, and the REITS and the banks that they borrowed from were left holding the bag. Collectively the RElTs owe banks about $11 billion-much of which will be repaid slowly and at lower-than-expected interest rates...
...this was the film for which Hollywood gave Kubrick carte blanche. They won't want to do it again very soon. Movie audiences should be more forgiving, for we owe Kubrick more than we can ever repay. But this time around you'd be better off watching Masterpiece Theater...
...serious question exists about how long the REITs and their creditors can hold out, though banks could write off many of their REIT loans as uncollectible. The case for waiting is powerful. In all, the nation's 200-odd REITS owe U.S. banks $11 billion...
...insolvent agency rescued than another pops up. Largely because it has lent so much to the city, New York State has a tough time borrowing money. Four state agencies, financed by the dubious "moral obligation" bonds, are in danger of default. If they cannot repay the $1.5 billion they owe over the next three months, they will become another financial drain on the hard-pressed state. To avert default, David Rockefeller, chairman of Chase Manhattan Bank, said federal aid might have to be given to the agencies...
Shumway's 33 surviving transplant patients* owe their lives to several innovative changes in postoperative care. The Stanford doctors routinely administer drugs that stimulate the heart for the first few days after the transplant. Explains Dr. Edward B. Stinson, head of the surgery team: "We noticed that a transplanted heart functions at a lower than normal rate of output right after surgery." The Stanford group also routinely performs heart biopsies after surgery, looking for any clinical clue that the body's immune system may be rejecting the new heart. By slipping a biopsy catheter into the right ventricle...