Word: payments
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Dates: during 1990-1999
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Harvard needs to be more aggressive in exploring options. The University of Chicago, for example, offers a lump-sum payment that encourages retirement. The legal robustness of this plan has not yet been tested, but perhaps Harvard should try it until a better alternative can be found...
...counted, as a contribution to Whitewater and thus an eventual loss to the Clintons, a check for $20,744.65 that actually represented repayment by Bill Clinton of a personal loan. The loan, says McDougal, was for campaign expenses and had nothing to do with Whitewater. Lindsey insists the loan payment was Whitewater-related but says he does not know exactly how the proceeds were used...
...when Bill Clinton was Arkansas' attorney general, the Clintons and McDougals bought 230 acres of land on the White River that they intended to develop for vacation homes. The price: $203,000, all borrowed -- $20,000 from Union Bank of Little Rock for a down payment; $182,611.20 advanced by Citizens Bank Trust of Flippin, a tiny Arkansas town, as a mortgage loan. On Sept. 30, 1979, after Bill Clinton was elected Governor, the couples transferred the land to the newly formed Whitewater company, which they owned fifty-fifty...
...course, the earthquakes have done nothing to diminish the appeal of the "California Dream." Residents have known for a long time that experiencing a few tremors were a sort of down payment on the tremendous advantages the state offers. The cleanup efforts in L.A. continue, but amid temperatures in the 60s and 70s while the rest of the country freezes. Eighty-five percent of Californians live an hour away from some of the world's most beautiful beaches...
...Chicago solution, a lump-sum payment to encourage early retirement, is not the best solution of Harvard and may be illegal, says McCarthy...