Word: unpaid
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...During the boom years, banks lent vast sums of money to developers as property fever gripped the newly wealthy nation. But when the bubble burst with the global meltdown last year, these unpaid loans left huge holes in the banks' books and the liberal lending of the Celtic Tiger era came to an abrupt halt. To steady the ship, the government placed a blanket guarantee on deposits in six Irish banks last September. At the time, according to Finance Minister Brian Lenihan, it was "the cheapest bailout in the world." But that claim soon came back to haunt...
Indeed, would-be writers have it particularly tough. One-time Greenwich studios now house upper-middle-class families; bohemian standby Village Voice has been bought out by New Times Media; college interns willing to work unpaid edge out older degree-holding peers insistent on a wage. Many successful journalists break into the business outside the Big Apple—either cub reporting at small-town papers or finding jobs abroad...
...industry, has been sending out emails advertising opportunities to “gain work experience” with “a growing entrepreneurial team” and “work with top brands like Juicy Couture and Victoria’s Secret.” The following unpaid positions are available: Publicity Associate, Finance Associate, Social Media Associate, and most curiously, Beauty Associate...
...World Bank suspended loans to Kenya was in the late 1990s, under Moi's dictatorial rule. All this comes at a trying time for the country. The Kenyan economy has been hobbled by the post-election violence and a punishing drought. Staff who conducted a recent census have been unpaid, and the financial crisis has robbed many people of their income, meaning fewer tax receipts...
GEORGIA STATE UNIVERSITY Told faculty and staff to take as many as eight days of unpaid leave...