Word: repaying
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...reports, Choi became depressed when rumors started circulating last month in the country's very active online communities that she was a loan shark and had driven a fellow actor, Ahn Jae Hwan, to kill himself. The word on the Net was that Choi had been pressuring Ahn to repay a loan of some $2 million. After enduring the accusations (which police said after her death were untrue), Choi killed herself in a "momentary impulse," according to the investigative team, driven by malicious rumors and prolonged stress...
...rates of return on these securities in the face of widespread market instability. A University spokesman declined to comment on how this spike in interest rates has affected Harvard’s balance sheet. Bonds allow the University to collect money from investors in exchange for the promise to repay the principal amount plus interest later. The coupon rate of variable-rate bonds is tied to the market interest rate. Princeton, which had issued $200 million worth of variable-rate bonds, has seen interest rates on some of its bonds quadruple in the past week, according to Bloomberg News. Princeton?...
...Federal Reserve Alan Greenspan was if anything even less interested. The Fed had the power to impose stricter mortgage lending rules even on non-banks, which it finally did earlier this year - banning, among other things, the making of loans "without regard to borrowers' ability to repay the loan from income and assets other than the home's value." Greenspan, though, rejected pleas from his Fed colleague Edward Gramlich to crack down earlier...
...billion private loan for AIG, but that didn't go anywhere. Treasury officials mulled a government conservatorship as with Fannie Mae and Freddie Mac, but it might have required an act of Congress to make that happen. So the Fed devised a deal in which AIG agrees to repay the loan with asset sales and give the government (and thus taxpayers) a 79.9% equity stake in the company...
...soon to tell whether this business model will work. Meanwhile, Stephenson is taking a slightly different route. Instead of promising to repay the money, the future sociology major is trying to motivate givers by offering them a souvenir. "If you will send me $2.50 in the next week or so, I will send you a piece of my graduation gown," he promises, in a kind of collegiate variation on relics of the cross. "For $3.50, you get a piece...