Word: thrifting
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...main causes of the problems for the thrift institutions are double-digit inflation and interest rates, which were both unheard of in 1831 when the first S and L in the U.S., the Oxford Provident Building Association, was founded in Philadelphia. The nation's S and Ls and mutual savings banks today hold $650 billion in long-term mortgages, nearly three-fourths of the U.S. total. But about one-third of those were written within the past decade at interest rates of 8¾% or less. Moreover, during the past two years the costs to the thrifts of acquiring...
...record, Brando is the character wearing granny glasses and a hearing aid, the one whose fringe of white hair curls cunningly around a large bald spot and whose corpulence is encased in a wardrobe that seems to have been picked up at a thrift sale managed by the estate of Charles Foster Kane. Brando has also got himself up with a down-home country-boy accent that makes his cynicism terribly appealing-especially in the bloody and lugubrious context of this emotionally unpunctuated movie. His performance is not truly good-it lacks a real edge of sharpness...
...growth sector in banking. An estimated $20 billion in these loans is currently on the industry's books, with some 50% of that having been added in the past year alone. New Jersey's City Federal Savings and Loan Association, the nation's 25th largest thrift institution, has nearly tripled its second-mortgage portfolio, to $118 million, during the year. United Jersey Bank, a leading commercial bank lender in the state, has been trying to expand its loan business with hucksterish newspaper ads that advise readers: "Go ahead. Add a room, take a trip, pay old bills...
Crichton and her friend, Greg Crone, also a recent UT graduate, have each been shopping at thrift markets since high school...
After Crichton and Crone peruse the clothing, they turn to the kitchenware and small furnishings and find the prices just as agreeable as those for the thrift store shirts on their backs...