Word: borrower
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Dates: during 1990-1990
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...there is still no will in the capital to make hard economic decisions. "How do they ever expect our kids to pay that $3.3 trillion debt?" worries Tom Tenner, a retired appliance-company executive in Houston. "No one seems to care or give a damn. They feel we can borrow forever." Still, the capital is not immune to the jitters. Washington caterers say that guest lists are smaller and there are more lunches than dinners, more wine than champagne. "It's chic to be prudent," says Michelle McQuaid of Ridgewell's Caterers. "Being rich...
...copy," says the state's head archivist, Harry Whipkey. Next-door Delaware can't provide a copy either; like Maryland, Delaware returned its version to the Federal Government after the Bill of Rights' ratification. So Philadelphia officials are now contemplating crossing the Delaware to see if they can borrow New Jersey's original for the festivities...
King Kong was roaring after last week's announcement. Matsushita has some $16 billion in cash but plans to borrow much of the MCA purchase cost, which leaves the company with cash to buy up more properties at distressed prices. Said David Geffen, the music mogul whose 10 million shares of MCA stock were suddenly worth some $660 million, nearly twice their value three months ago: "This will be the most acquisition-minded company in the world...
...plagiarize? Out of some clammy hope for fame, for a grade, for a forlorn fix of approbation. Out of dread of a deadline, or out of sheer neurotic compulsion. Plagiarism is a specialized mystery. Or the mystery may be writing itself. Many people cannot manage it. They borrow. Or they call up a term- paper service...
...sustain or improve their life-styles, they had to borrow, and the environment favored borrowing," says Robert Dugger, chief economist of the American Bankers Association. That environment was fostered by aggressive financial institutions that hyped both credit cards and personal loans. As the debt burden has increased, so have personal bankruptcies, which have more than doubled since 1985, to more than 700,000 in the 12 months ending in June. Credit Counseling Centers of Novi, Mich., which advises troubled debtors, describes its typical client as a 44-year-old male with a monthly income of $2,208 who owes...