He gave 10 percent of the proceeds to his employees, to whom he had also freely lent his yacht.
In reality, individuals may not be able to borrow and lend freely at a given interest rate.
But brokerage firms make big money lending to investors so it is perhaps not surprising that many still lend freely.
The banks lent to them freely - assuming, Mr. Ravid and others say, that if they got into trouble the Government would bail them out.
At Harker, for example, many of the students' parents work in the computer industry and freely lend technical expertise to the school.
Banks lent freely, because they made their profits on lending fees, rather than the properties, while a rising market covered any short-term losses.
The state's biggest banks may still be standing tall; but they are not lending freely.
Like most debtor countries, Poland did much of its borrowing in the 1970's, when banks and Western governments were lending freely.
English banks lent freely to colonial speculators, adding to the mountain of debt on which the boom was built.
State-owned banks lent freely to well-connected industrial companies, only to discover years later that about half their money had been wasted.