Word: payments
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Dates: during 1980-1989
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...MasterCard's computer then saw the $10,000 payment, so MasterCard couldn't start charging him interest...
...Running an LBO is different from running other companies," says Wilbur Ross, a senior managing director of Rothschild Inc., a New York City investment firm. "The reaction time at LBO companies has got to be a lot quicker, because they must generate cash fast enough to beat those interest-payment deadlines...
CAPTION: CRASH PAYMENT...
Pickens is demanding seats on Koito's board for two colleagues and himself, but the Japanese company is challenging his motives. They suspect that Pickens may be involved with Watanabe in a scheme to elicit a greenmail payment in return for the 20% stake. Koito officials say twice last year Watanabe approached them with an offer to sell back his shares at a premium. They believe that after Koito rejected Watanabe's offer, he searched for a buyer...
...wants to buy a $300,000 house in Connecticut with $100,000 down. Have you tried getting a mortgage after going bankrupt? Never mind the circumstances or the size of your down payment; almost no bank will touch...