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"But that's not a reason to stop the British Museum loaning part of the Parthenon sculptures to a museum in St Petersburg.
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Dr McAdam said that loaning parts of the collection while the museum was being refurbished would help contribute towards fundraising efforts.
The British Museum was right to loan part of the Partheon marbles to a museum in Russia because cultural boycotts do not work, the UK culture secretary, Sajid Javid, will say in a speech on Sunday.
"He was initially working on the student loan part of the problem," Mr. Gourlay said.
On June 13th, the World Bank approved a $450m loan, part of a multilateral aid package that could total $1.7 billion.
In August, the government said almost 3,000 sales were completed during the first four months of the equity loan part of the scheme.
The bank's board approved a $70 million no-interest loan, part of an estimated $190 million package for each of the next four years.
The CIT Group, a finance unit of Tyco International, sold $1 billion in securities backed by home equity loans, part of its pledge to raise $3 billion to pay off maturing debt.
JP Morgan called that loan part of its "social mission", though, as the Wall Street Journal noted, the bank also did big business with the state.
halted the loan, part of a $15.7 billion crisis recovery package, citing Turkey's failure to appoint directors with experience in the private sector.
"How is Joe Six-Pack ever going to be able to afford a home?" The government built Fannie and Freddie as giant magnets to gather money for mortgage loans, part of an effort that dates to the Great Depression to foster homeownership.
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