Mr. Reardon, for example, was attracted by the micro-loans idea because it bypassed governments and bureaucracies and harnessed the power of the marketplace to accomplish social change.
Subprime mortgages, leveraged loans — the idea that it has made it to investment grade [debt] is very unusual".
Other advocacy groups representing college students also criticized proposals to place a variable interest rate on the consolidated student loans, an idea President Bush proposed two years ago which has drawn the support of some Democrats.
Still, even for people who think they might have been overcharged for their car loans, the idea of predicting race based on last name and address seems odd.
His empire began in London in 1965 with a bank loan, an idea and an accident.
She has met with him privately just once this year, on Air Force One, returning from an event in Arizona where he announced his mortgage-relief plan, modelled on the loan-modification ideas that Bair had long advocated.
To carry out this "mad idea", loans have come, from Naples mainly, but also from elsewhere, including the Louvre.
The fees would normally be paid for by government loans, but the idea of taking on so much debt was daunting.
The loans are the idea of state housing finance agencies, or H.F.A.'s, quasi-government entities created to help moderate-income people buy their first homes.
Then the colleges introduced the students to lenders who underwrote big loans without any idea of what the students might earn someday — just like the mortgage lenders who didn't ask borrowers to verify their incomes.
A modest tightening might do little harm: the benchmark rate is too low to have much influence on the higher charges levied on business loans and mortgages.The idea that a rate rise will make little difference, but is necessary all the same, was scorned by Mr King.
