Word: repays
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Dates: during 1970-1979
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Bank of America will make loans to countries "provided that our lending is based on economic factors." Ray Toman, director of the bank's news bureau, said yesterday. "Political elements only enter in the decision if they impinge on the country's ability to repay loans," he added...
Dave Kluscik, a spokesman for Metropolitan Edison, said yesterday the company would have to borrow to pay capital costs and repay previous loans if investors sell their stock, charging customers in the long...
...willing to drop a couple of members. "It's a small reduction," he acknowledged. Long then approached Byrd, who convened a hasty meeting of the Steering Committee. Boren landed a place on Finance as well as a debt to Long that will not be easy to repay...
This means that if the South African government is pressed for cash, Manufacturers Hanover will obligingly give them all the time they need to repay their loans. Surely the bank could insist that the government repay on schedule--the government would not dare default. Yet Manufacturers Hanover, rather than putting pressure on the apartheid regime by withholding loans, helps that regime out of a tight spot--a role that U.S. banks have played for far too long in South Africa. The University claims to oppose such behavior by banks--yet now we find members of the Corporation trying to justify...
...Eschel Rhoodie's incessant efforts to meddle in its affairs. In February, the department helped arrange a sale of Luyt's interest in the Citizen to businessmen including Dallas Lawyer David A. Witts and Beurt SerVaas, chairman of the Curtis Publishing Co. Luyt has yet to repay the loan or $3.3 million in interest...