Word: repays
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...when the Administration notified Congress that $100 billion will be needed by October to keep the program from running out of cash. The news angered Administration critics who were stunned by the size of the request. The $100 billion installment includes $60 billion in bonds the RTC plans to repay from the sale of assets of seized thrifts. The remaining $40 billion will become part of the bailout's long-term cost...
With such a huge piece of the action, Iraq estimates that every $1 drop in the price of a barrel of oil costs it $1 billion a year in lost revenue. The country can ill afford those lumps as it struggles to repair the ravages of the war and repay $40 billion in foreign debt to the West. In theory, Iraq could boost its income by pumping more oil, just as its wayward neighbors % have. Experts believe the country's reserves could be tapped at a rate of 5 million bbl. a day. But Iraq lacks the modern equipment...
...interest that allocated 19.5% of JNB's pretax profits to him. There never were any. Good bought a 25% limited partnership in 1983 for $10,000. The next year, Good lent Bush $100,000 to play in the commodities market with the understanding that he would not have to repay it if the investment went belly-up. Bush admits that was an "incredibly sweet deal." Over the next six years, JNB sold shares in 28 wells but did little more than cover costs and salaries. Says Neil: "I was not a high-rolling oilman...
Bankers went along with the agreement, which amounts to a privately arranged bankruptcy, in the hope that the value of Trump's properties will rise. Trump could then sell many of his holdings to raise cash to repay his loans. But if the depressed Northeastern real estate market fails to improve, Trump could still wind up in bankruptcy court...
...German government has paid the equivalent of $5.4 billion in 535,000 settlements for left or lost property in East Germany. The average recipient pocketed just a few thousand marks. Under West German law, those who were compensated still have the right to regain property -- as long as they repay the money they received...