Word: cashing
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Dates: during 1980-1980
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Billy Carter got his first cash from the Libyans, so far as is known, in January, when he received an installment on his $500,000 "loan": a check for $20,000. FBI agents quizzed Billy that month and he denied getting any cash from Tripoli. Whether this was before or after he got his check is not clear, but at that point it would seem he knew the cash was coming...
...June 2, through sources it refuses to reveal, the Justice Department learned about the cash payments to Billy. Department lawyers then moved rapidly to wrap up the case. Before informing Billy of what they had discovered, however, they were surprised on June 10 when Carter called the department and asked if he could talk...
...millions of Americans, from cash-strapped home buyers to laid-off auto workers to jittery Wall Street investors, the single most cheering result of the economy's spring-long slide has been the dizzy drop in interest rates from their alpine heights of last winter. Only three months ago, banks were charging their best corporate clients 20% interest. That rate last week was down as low as 11¼%. The question now is whether it will stay down, and for how long...
...growth of money all spring to a breathless 14.9% annual rate of increase in June. Moreover, it has begun cautiously lowering the levels to which it will let certain key interest rates sink. At the same time, the U.S. central bank, in a further effort to feed cash and credit back into the economy, is also phasing out the panoply of temporary credit controls that it placed on the economy last March...
...With cash scarce and gasoline expensive, more people are staying home and stretching the family budget by doing their own work. Fixing up the old family homestead that has a 6% mortgage is far cheaper than buying a new house. Says Bernie Marcus, chairman of Home Depot Inc., a chain of Atlanta home-improvement centers: "Given the cost of borrowing, less spending money and the fact that they really can't find competent help, some people don't have a choice...