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With government backed loans, they were able to attain the dream of property ownership with relative ease.

It focuses on the areas of multi-strategy, convertibles, asset backed securities, credit, loans and equities.

If a corporate borrower halts payments on an Export-Import backed loan, the federal government must step in and pay it off.

High mortgage rates eroded the value of the primary asset of savings and loan associations, mortgage backed loans.

It averted a near-death experience because labor and management struck cost-cutting deals, and because the federal government backed loans to the company.

Several of the counts related to a $300,000 Federally backed loan, $50,000 of which wound up in the accounts of the Whitewater land venture.

They could require banks to increase the capital that backs such loans, which by one measure rose to $23.4 billion in February from $18.1 billion just last November.

Mr. Hale has pleaded guilty to two felony counts related to making improper Federally backed loans and has not been sentenced.

Mr. Hale, the Government's main witness, had told the jurors that he was asked by Mr. Clinton to issue a $300,000 federally backed loan.