Real Estate& Mortgages ... By the war's end in 1919, the outstanding amount of the federal debt exceeded what could comfortably be repaid. The Treasury set the coupon rate at a fixed price and sold the certificates at par value. The coupon rates were set in increments of 1/8 percents, just above money market rates. However, this system was severely flawed as institutions over-subscribed to these investment options. Problems occurred since the government paid out monies ...
Ken Starr, the relentless independent counsel who investigated former president Bill Clinton's Whitewater real estate deals and the Monica Lewinsky scandal, is back in the limelight as the new president of Baylor University in Texas. .... At the war's end in 1945, Baxter returned the favour, delivering air-dropped food to Hirano's home. The two struck up a correspondence that continued until Hirano's death last year. ?He would always ask after our health and hoped that ...
