Word: repays
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...Manhattan's National City Bank's ex-Chairman Charles E. Mitchell and associates were forced to repay the bank $1,800,000 because of fat bonuses paid to management. Pomerantz...
...Texmass admitted in the prospectus that its securities "have no present value and that any future value thereof is very remote and is dependent upon future development of substantial oil and gas reserves which cannot be counted upon." Its SEC prospectus also admitted that earnings would be "insufficient" to repay the RFC loan in ten years...
...share, twice what the stock had recently been selling for. To finance the $3,500,000 deal, shrewd Scotsman McGowan did not spend any of Britain's scarce dollars. He merely arranged to borrow the money from Manhattan's Guaranty Trust Co., will repay it from Arnold, Hoffman's U.S. earnings...
...female Dabies, Ernenek spent many a six-month night sharing his friends' wives before he found a bride. After he had given Asiak's parents a lamp in trade for her, he felt 'proud that as a married man he now was in a position to repay other husbands for what little favors he had received from them." Tied down in one spot for a year by Asiak's mother, who was too old to travel and whose teeth, "used down to the gums, were incapable of softening hides any longer," Ernenek and Asiak unhesitatingly decided...
...paid in full the $33 million loan borrowed two years ago to build up its dollar reserves. It thus became the first European nation to wipe out its debt to the Fund.* Said one Fund official: "If it weren't for Gutt, Belgium would not be able to repay...