Word: payment
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Administration and Finance Secretary L. Edward Lashman reiterated yesterday he would reduce the $1.2 billion June local aid payment to cities and towns by whatever amount was required to balance the budget...
Three days after his wife's murder, Stuart collected an $82,000 insurance payment. Some reports claimed that he had also taken out more than $500,000 in extra life insurance; others alleged that Matthew and Charles had earlier plotted to fake a burglary of the couple's house, during which Carol would be killed. A Boston television station reported that on the night before he died Charles confided to a family friend that he killed his wife for the insurance money. He wounded himself in the abdomen when his plan to shoot himself in the foot went awry. Other...
Maloney said cuts in the June payment willdrastically hurt the city's ability to providebasic municipal and human sevices...
...Bond was trying to shift more than $9 billion in debt. When payment on Sotheby's bridging loan of $27 million fell due, he could not meet it, and Sotheby's rolled it over for another year...
...idea of packaging an option on Irises, in the event that Dallhold Investments -- the holding company through which Bond owned the picture -- defaulted. The auction house rejected this proposal. In late 1988 Bond himself reportedly tried to pass off Irises to the New York megadeveloper Donald Trump as partial payment on a $180 million deal for the St. Moritz Hotel. Trump, no collector, said the painting was worth only $30 million and turned him down...