Or at least Mr. Nixon thought they said "welcome," but then he was told that they actually said "What about the Hughes loan?" (referring to an explosive issue in that campaign, an old loan from Howard Hughes to Mr. Nixon's brother).
Because of an editing error, an article last Sunday about the mechanics of construction loans referred incorrectly to the office location of Doron Hershkovitz, an accountant who described limits on mortgage tax deductions.
The loans referred to are leveraged loans.
6 28 p.m. / Updated to make clear that the 36 percent interest on BillFloat's loans refers to an annual percentage rate.
"Silicon Valley culture is pretty charged up," said Mr. Larsen of E-Loan, referring to Senator Kerry's supporters.
In 1988, with testimony from several company whistle-blowers, lawyers for the California Department of Corporations accused the company of imposing harsher terms on loans made to homeowners in neighborhoods with high minority populations -- areas that loan officers referred to as "never-never land," according to the state's lawsuit.
An article on Saturday about the bankruptcy proceedings of Solyndra, a solar manufacturer that received $528 million in federal loan guarantees, referred imprecisely to the circumstances under which commercial lenders would take precedence over the government in recouping their investments.
Moira Haynes, spokeswoman for Citizen Advice, said the number of debt clients the charity saw with short-term loans, often referred to as payday loans, has increased fourfold in the past two years, and a high proportion of clients with payday loan debts were already in financial difficulties when they took out the loan.
Such loans -- referred to as 3/1, 5/1, 7/1 and 10/1 hybrid ARM's, respectively -- carry higher rates than regular ARM's.
In a seven-year-old dispute with the European Union before the World Trade Organization in Geneva, the United States challenged such government loans, sometimes referred to as "launch aid," for past Airbus jets as illegal subsidies that unfairly hurt Boeing.
