Nonpurpose loans, by contrast, can typically be completed in a few days requiring little paperwork beyond a credit report and a financial statement.
WSJ: Putting Stocks in Hock: Securities Back More Big Loans
At issue, administration officials say, was some telecommunications stock and some property in Greece that Tenet failed to report on his initial financial disclosure statement when he joined the Clinton Administration.
CNN: AllPolitics - Questions About Tenet
The Reuters report notes that the company made the disclosure in its latest financial statement.
FORBES: Clearwire Gains; LightSquared Running Out Of Cash
According to AHD, the cost report it used is meant to be the definitive statement of financial health about a given hospital.
FORBES: Profitable Hospitals To Forbes: Who Me?
"The League board has told its legal team to commission a report to clarify the legal and financial position of the club, " said a statement.
BBC: Southampton await League inquiry
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