21.   Such income is generated by making margin loans to customers through the Pershing division.

22.   Stock prices would soar as investors found themselves able to take out larger margin loans on easier terms.

23.   The advantage of a margin loan is that your holdings remain fully vested.

24.   The case is in arbitration with creditor National Financial Services, who wants to get its margin loan back, Goldberg said.

25.   The high-risk practice, known as a margin loan, is more often a tool of speculators aiming to buy additional stock without additional money.

26.   The increase in total margin loans and in borrowing to buy fund shares was reported Sunday in the New York Times.

27.   The securities firm received the stock as security for a margin loan it extended to Rendall.

28.   The securities firm received the stock last month as security for a margin loan it extended to Rendall.

29.   Then, with the exception of abrupt calls for more cash to shore up the margin loan, the communications from Morgan Stanley ceased.

30.   They received fees based on the assets under management and on margin loans.