Lady Tina Green "Still being paid tens of millions of pounds of tax-free repayments on the loan that was engineered to sell BHS from one Green family business to another, and will be for some years to come".
Common discounts in the industry consist of free freight, repayment term incentives, additional free merchandise or incremental percentage discounts on quantity purchases.
In addition to the investments, the Texas complaint says, HCA provided other inducements to win favor with doctors, including loans provided without an expectation of repayment, free rent, free office remodeling and free drugs from hospital pharmacies.
The loans are completely interest-free, the repayment period can be arbitrarily long, and the borrower is covered under life insurance free of cost.
This compares with a 40-year-old federal medical program, the National Health Service Corps, which offers up to $60,000 in tax-free loan repayment for two years of service in underserved areas and up to $140,000 for five years of service.
Non-doms might use offshore trusts to buy expensive UK homes or loan money to themselves and collect interest-free tax repayments.
According to the American carriers, which released the supporting documents for their allegations this week, airlines in Dubai, Abu Dhabi and Qatar have enjoyed a host of benefits, including handouts, "loans" without interest or any schedule for repayment, free land and below-cost charges at state-owned airports.
The bank's near collapse involved years of malfeasance by politically connected bank shareholders, including the brothers of both Mr. Karzai and the first vice president, Muhammad Qasim Fahim, who along with other shareholders took more than $900 million in loans, many of them interest free with no repayment plans.
With the interest rate handy, plug the numbers into a free online debt repayment calculator; adjust how much you think you can put against that debt every month and see how long it'll take you to eliminate it.
While the Pay It Forward, Pay It Back Act is an interesting idea, there are upfront costs to offering a multitude of students free education, and repayment likely will take years.
