Word: payments
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Dates: during 2000-2009
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...first blush, the notion seems like a win-win-win. Former homeowners get to stay in their houses; even if a mortgage payment isn't affordable, market rent may be. Neighborhoods ostensibly benefit too, since it's safer - and better for property prices - when blocks aren't full of foreclosure-related vacancies. And lenders? Turning properties into rentals until the market rebounds may sound like an appealing alternative to selling assets at cut-rate prices. "This is another tool to use, and it doesn't cost the government anything," says Representative Gary Miller of California, who has sponsored a bill...
...film opens with the now familiar tale of unsupervised banking recklessness: banks steadily doled out an increasing number of subprime mortgages—loans made to consumers with bad credit. Many would then adjust the interest rates for select mortgages according to market fluctuations, demanding more and more payment from consumers unable to afford the escalating charges...
Both Johns Hopkins and Andover were paid by Columbia Pictures for the shoots. According to “The Phillipian,” Andover’s student newspaper, Andover was paid $20,000. Johns Hopkins would not disclose its payment...
...basing its claim on a premodern cultural world where there was nothing like a modern state." Not only was Chinese control over Tibet thin until the 1950s, but Tibetan rule over Tawang was nominal as well. Beyond the appointment of certain abbots in monasteries and the occasional payment of taxes to Lhasa, the people living there "did not see themselves as part of a broader empire, let alone a Chinese one," says Dibyesh Anand, an authority on the region and a professor of international relations at Westminster University in London...
...Feinberg's big changes are in the form of payment, particularly on Wall Street. Gone are year-end payouts and AIG-style guaranteed retention awards. Instead, he devised a method of compensating executives: something he calls salary stock. Each pay period, the executives at Bank of America, GM and the other firms will get awards of stock along with their regular paychecks. The checks can be cashed immediately, but the executives may not sell the stock for up to four years. Also, bonuses are paid in restricted stock, which must be held for at least three years...