"The AMA has stomped on primary care doctors for years, " says Slatosky, who claims he's had to borrow from a bank all year to keep afloat.
Secondly, why would anyone borrow from a bank at say a 6 or 7% rate when they could just use their savings, which presently earns them nothing?
The leasing companies borrow from a bank at one interest rate and offer the lease at a higher one to the driver, making money on the spread.
From June 15th Indonesia's central bank says it will require those who borrow money from a bank to buy a car to make a minimum downpayment of 30%.
Basic legal and regulatory compliance issues start the minute you buy or rent a building, hire your first employee, borrow money from a bank, manufacture a product or deliver a service, and seek to deliver a return to investors.
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If the bank could have held on until March 27th it would have been able to borrow directly from the central bank under a new facility announced earlier this week.
The French wanted the fund to become a bank so it could borrow from the European Central Bank (ECB).
Bear Stearns was not a bank, could not borrow from the Fed's discount window and wasn't even all that big, yet the government still wouldn't let it fail.
You'd need something like turning the EFSF into a bank, which could borrow from the ECB to lend to governments (I wrote about this idea in September - see Central banks and the 'spirit of 2008' ).
Daniel Gros of the Centre for European Policy Studies and Thomas Mayer of Deutsche Bank think the EFSF should be registered as a bank and allowed to borrow from the ECB, using the government bonds it buys as collateral.
To state the bloomin' obvious, when a bank can't borrow from anywhere, even from the central bank, to repay its own debts as they fall due, well that's what causes panic and bank runs - because no one would leave their money in a bank that can't repay its debts.
It would be able to borrow money, with a government guarantee, either from the Bank of Japan or from the finance ministry's trust-fund bureau, which manages postal-savings money.
The answer, say Messrs Mayer and Gros, is to turn the EFSF into a bank - or, more accurately, a special credit institution - which could then borrow from the ECB, just like other banks.
Bank borrowing costs reached 6.88% on September 30th, more than three times the level of official American rates, while some were willing to pay a remarkable 11% to borrow dollars from the European Central Bank (ECB).
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She could also borrow bridge financing from the Treasury to cover for the time lapse between a bank failure and the sale of its assets.
He wants the bloc's permanent rescue fund (the ESM) to be given a banking licence so it can borrow directly from the European Central Bank.
The most important of these, three-month dollar LIBOR, is supposed to indicate what a bank would pay to borrow dollars for three months from other banks at 11am on the day it is set.
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Ever since the policy began, we have seen big companies benefit from cheaper borrowing costs, as long as they were in a position to borrow from the corporate debt market, not their local bank.
And the interest rate freeze is I think merited, because look at what's happening -- if you're a big bank that helped get us into this mess, you go borrow money from Abu Dhabi or somewhere.
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