Word: repayment
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
High as the price may be, the nation's honor requires that we now repay the Shah's [Dec. 10] long and faithful friendship with a permanent refuge in this country. No pious hypocrisy can wash away this obligation...
...measure, however, is far from a pure giveaway. For one thing, the loan guarantee is not a handout but simply the Government's pledge to reimburse private parties for the money, up to $1.5 billion, that they lend to Chrysler if the auto firm is unable to repay the loans. This promise should enable Chrysler to return to the money markets that have been closed for the past year. The automaker, moreover, will pay the Treasury an annual fee of at least 1% of the sum guaranteed...
...million by selling financial notes to banks and other investors. Analysts at Moody's Investors Service, which rates the quality of investments like the school board notes, gave the notes only a low, "MIG-4" rating. Reason: the board planned to use some of the money to repay other borrowings, made in 1978. But the board had pledged to repay the 1978 notes from its own revenues, not by additional borrowing. Said one Wall Street analyst: "They naively thought the market wouldn't react negatively to the change...
...chaos they were creating, the acting Finance and Foreign Minister threatened to renege on his government's debts to foreign banks and other creditors the world over. Renouncing previous pledges of payment, Abol Hassan Banisadr declared: "We will not pay back these debts. How can we repay loans that former plunderers received from their foreign accomplices and put back into the accomplices' banks?" He put the debts at "$15 billion, possibly more...
...recall try in August of last year by only 236 votes; in February he convinced two-thirds of Cleveland voters to raise their own income taxes and defeat a referendum to sell Muny Light; he finally won the approval of a hostile city council of his own plan to repay the banks. But in the primary October 2, Kucinich ran 11,228 votes behind Voinovich. Kucinich has heavy union support, but Voinovich is outspending him more than two to one. The deciding factor in the run-off may turn out to be the death of Voinovich's nine-year...