The original loan can now be paid off with interest of say $0.5bn.

He might even've done some of the work on the original loan to Hanover.

The original loan was at 9.5 percent and 10.5 percent.

"What you mean,"Thomas said, "is that the bankers will have to risk more money to get their original loans back."

That company was headed by the bank president who approved the original loan.

The result is a total of $229,828 in interest payments, almost $14,000 more than the interest that would have been paid on the original loan.

Though it owed $255,000 of the original loan, the bank had not moved to seize assets.

Set it at say 50% of the original loan.

The original loan was to be paid on Sept. 30, 1992.

Such deals usually violate the original loan or lease agreement.