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...accused the agency of denying black farmers loans and crop subsidies routinely available to white farmers. The landmark agreement requires the government to pay as much as $375 million to more than 3,500 black farmers. Most will probably accept the basic option guaranteeing a $50,000 tax-free payment and retirement of any government debts, which average about...

Author: /time Magazine | Title: Righteous Wrath Down on the Farm | 1/25/1999 | See Source »

...those who stand to lose almost as much as Salt Lake if this mess isn't cleaned up. "If I were a corporate sponsor, I'd want this resolved quickly," says Seed. Rest assured: the sponsors want it resolved more quickly than that. US West briefly withheld a payment of $5 million to the S.L.O.C., and if the committee is unable to raise $242 million more in the next year, it will face a shortfall on its $1.4 billion budget. The buzzards are circling. Innsbruck and Calgary, both former Winter Games sites, have cheerfully announced that they stand ready...

Author: /time Magazine | Title: How The Olympics Were Bought | 1/25/1999 | See Source »

Taking into account the occupants' plans to renew their lease, and setting up a buyer in advance, the group moved on the deal. They borrowed most of the money from a bank and the down payment from Pettigrew's father's company. After two years, as planned, the building was bought by a Post Office for 80 percent more than Oaksbranch had paid...

Author: By David A. Whelan, CONTRIBUTING WRITER | Title: Pettigrew Sees Opportunities In Real Estate | 1/22/1999 | See Source »

Eventually, Chik wrote the University a check for $385,000, $52,000 more than the missing Liao payment, Reardon said. He said he had no idea why Chik paid the additional...

Author: By James Y. Stern, CRIMSON STAFF WRITER | Title: Harvard Club Considers Suit Against Officer | 1/11/1999 | See Source »

...bimbos with Republican leanings. Scaife was using tax-free foundation money, which simply reflects the fact that Republicans tend to be better at personal finance--although, now that I think of it, maybe Flynt can prove to the IRS that for a man in his line of work, payment for dirty information is a legitimate business deduction...

Author: /time Magazine | Title: Two for the Low Road | 1/11/1999 | See Source »

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