Sentences with phrase «of dollars he loaned»

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A grace period on Chinese loans to Venezuela has lapsed, potentially depriving the cash - strapped OPEC nation of billions of dollars in desperately needed oil revenue this year.
J.P. Morgan (jpm) and many of its competitors have invested millions of dollars in the technology in hopes that it can be adapted to simplify and lower the costs of processes such as securities settlement, loan trading and international money transfers.
Manafort «borrowed millions of dollars in loans using these properties as collateral, thereby obtaining cash in the United States without reporting and paying taxes on that income,» the indictment says.
So, we asked those banks, which make it their business to lend to small business, how entrepreneurs can increase their chances of securing loan dollars.
-- Miron Lulic, founder and CEO of SuperMoney, a financial services comparison platform which has recently surpassed half a billion dollars in loan inquiries in less than one year since launching
The ride - hailing startup raised several billion dollars in recent years, including $ 3.5 billion from a Saudi Arabian investment fund and $ 2 billion in the form of a leveraged loan.
Two Italian banks have proposed a deal to settle shareholder lawsuits as they try to raise billions of dollars to cover bad loans.
Prices of the riskiest portions of collateralized loan obligations (CLOs) have fallen 50 % as of the end mid-December since mid-year, and are now trading at $ 0.25 for every dollar that investors have put in the structured bonds.
He envisions younger generations enrolling less frequently in formal colleges having seen older siblings graduate with few job prospects and thousands of dollars in loans.
Express has come to dominate the program — in Virginia, it accounts for 60 percent of all 7 (a) loans, though not quite a quarter of the dollar volume.
«Let's face it: There is something wrong with our system when I can leave [Harvard] and make billions of dollars in 10 years, while millions of students can't afford to pay off their loans, let alone start a business,» said Zuckerberg.
Deutsche Bank, which has loaned the Trump organization millions of dollars for real estate ventures, told Fortune it would not comment on any of its clients or on the legal proceedings.
He said the company failed to properly pay his taxes on his behalf, made unauthorised loans, and overpaid for «security and other services,» costing him «tens of millions of dollars» and leading to financial trouble, of which he claims to have only become aware of in March of last year.
CARACAS, April 27 - A grace period on Chinese loans to Venezuela has lapsed, according to two Venezuelan sources with knowledge of the matter, potentially depriving the cash - strapped OPEC nation of billions of dollars in desperately needed oil revenue this year.
In 1999, IDBs, previously considered an option for only large companies seeking multimillion - dollar loans, got a sleek new look with the creation of the mini-bond program, which offers a streamlined application process, capped fees and quick closings.
They even took preemptive steps to mitigate the impact of sanctions, including switching most dollar payments and loans of Deripaska's En + Group PLC into euros and pounds as well as planning to replace U.S. equipment suppliers with European ones, according to one of the people involved in the planning.
In a previously unreported move, En + had by March switched most of its dollar payments and loans into euros and pounds, according to a person familiar with En + preparations.
«Manafort used his hidden overseas wealth to enjoy a lavish lifestyle in the United States, without paying taxes on that income,» the indictment says, adding, «Manafort then borrowed millions of dollars in loans using these properties as collateral, thereby obtaining cash in the United States without reporting and paying taxes on that income.»
The largest U.S. student loan servicer, Navient (navi), cheated borrowers out of billions of dollars, often by deceiving them about repayment options and their legal rights, the U.S. consumer financial watchdog said on Wednesday as it announced a lawsuit against the company.
In early September, Solyndra ceased operations, laying off 1,100 staff and dooming the U.S. government's hopes of recovering more than half a billion dollars in loan guarantees offered to the company as part of the 2009 stimulus plan.
The lenders want the stake to be sold for top dollar but fear it will be sold for less than that to McClendon's wife, Kathleen, because she is family, said a lawyer representing a syndicate of banks led by Wilmington Trust that loaned $ 465 million to a company McClendon founded in 2013, American Energy Partners LP (AEP).
«Taking a focused look at clarifying the regulatory environment around online lending, reducing some of the burdens of regulation on small and community banks, and reducing the burdens on community banks so they can go back to making more small - dollar loans is a good thing,» she says.
Libor, or the London Interbank Offered Rate, underpins hundreds of trillions of dollars of transactions and is used to set rates on credit cards, student loans and mortgages.
Loans are measured by dollar volume rather than the number of loans Loans are measured by dollar volume rather than the number of loans loans made.
Southwestern Ontario manufacturers who may be underwhelmed by the budget are reminded of past triumphs, including the elimination of tariffs on manufacturing inputs, an $ 80 million dollar loan for a Ford expansion in Windsor, the Factory of the Future project in London and funds for Fibracast in Hamilton through the Advanced Manufacturing Fund.
Over the life of a mortgage, home equity loan, car loan, or student loan, for example, this can cost you tens of thousands of dollars in interest fees.
If you direct any extra money to your highest interest rate loan first, you may save hundreds of dollars or more in extra interest payments and you may be able to get out of debt faster.
In California, for example, the disclosure must identify the dollar amount of the payments being sold, the present value of those payments based on a federally established interest rate, the amount being paid to the seller, and the interest rate calculated as if the transfer were a loan and not a sale of the payment rights.
Many of them are taking on thousands of dollars in student loans to earn a degree, but studies show that the majority refuse to carry a credit card.
Over the life of your loan, even a slightly lower student loan interest rate can save you thousands of dollars.
This single decision can save you thousands of dollars up front and over the life of the loan!
So if you just started making student loan payments, you could be paying hundreds of dollars a month only to see your balance decrease by a fraction of that amount.
For example, 57 percent of those who participated in the ETA survey chose a shorter - term loan option with a higher APR for a hypothetical short - term business opportunity because it offered a lower overall dollar cost when compared to a longer - term loan with a lower APR..
Instead, most of the credit seems to go to the European Central Bank, which in late December under its new president, Mario Draghi, quietly began providing emergency loans to European banks — hundreds of billions of dollars of almost interest - free capital that the banks have used to come to the rescue of their national governments.
And although he talked about putting a bit of money in himself, and he did put some money and some in as cash, most of it as loans, that's my understanding, you know, you were competing against the machine and she had dollars coming out of everywhere.
While it may not seem like much, depending on the amount of the original loan, it could save hundreds to thousands of dollars in interest on the remaining life of the loan.
Using an extensive set of data on loan performance that we have developed with Equifax, we find that multiple first mortgage lien holders — that is, people owning more than one home — account for about 40 percent of the dollar volume of seriously delinquent mortgage balances, up from about 5 percent in 2004 (Chart 10).
Although loans for consumers are commonly expressed in terms of APR, thdeat is only one way an online lender might express the costs associated with a business loan since dollar cost is important to consider in relation to an investment opportunity.
And, use of APR may be most helpful when comparing loans of similar term, but it's always a good idea to also ask about the fees, the total dollar cost of the loan, and prepayment policies.
We all dream to make millions of dollars without having to go for a bank loan.
Based on BlackRock's long - term assumptions, some of the better return - to - risk ratios are in high yield bonds, EM dollar - denominated debt and bank loans.
Have your lender explain your cost as cents on the dollar (you pay back 7 cents for every dollar borrowed) or as the total cost of the loan.
Bank loans come in all shapes and sizes, from microloans of a few hundred dollars, typically offered by local community banks, to six - figure loans by major national banks.
Over the years, Social Security has loaned the government trillions of dollars, stockpiling entire warehouses full of IOUs from the Treasury Department.
In fact, the majority of the small businesses surveyed by the ETA look to minimize the total dollar cost of a loan when inventory financing, or facing any short - term ROI opportunity.
While the new consumer lending unit is still in the early planning stages, Goldman has ambitious plans to offer loans of a few thousand dollars to ordinary Americans and compete with Main Street banks and other lenders.
A higher credit score gives you a better chance for a lower loan interest rate — which could save you thousands of dollars over time.
The rates that have responded most significantly to lower borrowing costs are short - term loans for financial speculation, above all for derivatives and related buying or selling of stocks and bonds on margin — enormous gambles on which way the dollar, the stock market and interest rates may go.
Among his other accomplishments, he led a group of 20 law firms that prosecuted cutting - edge class action cases against financial institutions, such as Countrywide, Wells Fargo, and JPMorgan Chase, concerning destructive negative amortization loans that unknowingly caused borrowers to assume tens of thousands of dollars of additional debt.
There are certainly costs associated with borrowing that need to be considered, but if the total dollar cost of the loan enables the business to generate additional profits, it could be a good decision — provided the numbers make sense for your business situation.
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