Word: lent
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...profligate ways but the government still props up sick companies with state funds, discouraging the kind of restructuring that would create more competitive businesses. Taiwan sailed through the crisis in 1997, but it is now reckoning with a Thai-style banking fiasco, albeit a less serious one. Taiwanese banks lent heavily to a sinking property sector, and now around 15% of their loans aren't being serviced...
...forever to make something happen," DiBenedetto says. So whenever Philadelphia cops went to Europe on vacation, DiBenedetto begged them to do some legwork for him. He even used his own vacation time to knock on doors. Hank Harrison, a Grateful Dead biographer and the father of Courtney Love, had lent Einhorn a few dollars in Britain. But neither Harrison nor British rock star Peter Gabriel, twice visited by Einhorn, knew he was an accused murderer. DiBenedetto suspected Gabriel was funneling money to Einhorn. Gabriel told Scotland Yard...
...have only $2 at risk, but it's a $22 investment. The company has essentially lent you $20. From the higher base, the 10% gain nets an additional $2.20. But don't hold on so long that, duh, your options expire. The normal period is 10 years, but when changing employers, you often get only 30 to 90 days...
Florida investment banker who lent his private jet to Bush family members for campaign hops...
Harvard has also lent PBHA assistance more significant for the student body than simple networking: a policy exception that makes it easier for donors to earmark funds for the benefit of a student group. Donors are frequently under great pressure from their classmates to contribute toward pre-established class donation goals. Until recently, however, it was the Harvard College Foundation’s policy that donations to student groups did not count towards these totals, causing donors to shift their giving away from student groups and towards Harvard’s $19 billion general endowment. However, in PBHA?...