Word: payment
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...anonymous whistle-blower who wrote a letter to Democratic Congresswoman Barbara Boxer of California. Further investigation revealed that eight smaller units were bought this year, without competitive bidding, at $12,000 apiece. Commodore Stuart Platt, the Navy's first "competition advocate general," called the $16,571 payment "ridiculous." As he inspected the unit in Norfolk last week, he promised, "We are not trying to sweep this under the rug. We are learning from our mistakes." Indeed, the amount of Navy purchases made through competitive bidding increased from 26% in 1982 to 38% last year. The results so far have...
...Reagan Administration seemed taken aback by the Israelis' claim of a U.S. offer on the debt postponement, which would be in addition to a previously announced U.S. decision to accelerate the payment of $1.2 billion in economic aid. The Administration insisted that the possibility of a deferral had merely been discussed as one of many courses that might be necessary for Israel if all else failed...
...born in 1943, and her two younger brothers grew up, they had to accustom themselves to dramatic swings in their domestic circumstances. Cheever earned his living by writing short stories for The New Yorker; it was a precarious trade, subject to editorial quirkiness in the matters of rejection or payment: "He was rich sometimes and he was poor sometimes, and both of these conditions were as dependent on his mood as they were on his net worth (which also fluctuated pretty wildly...
...Vice President is playing: in July, George Bush paid the IRS $198,000 in back taxes and interest, and he is planning to sue, if necessary, to get his money back. "I'm the guy that's been taken to the cleaners," Bush said last week. The payment to the IRS represents close to 10% of his net worth...
Federal regulators, who have been forced to pump loans worth more than $2 billion into F.C.A. since July to offset withdrawals by jittery depositors, are angry about the parting payment and are said to be pressing F.C.A.'s board to recoup the cash. That, however, will not be easy. Knapp arranged for the $2 million to be deposited in a foreign account. The money is probably beyond the Breach of U.S. authorities and F.C.A. share; holders. While Government regulators back home seek new ways to keep F.C.A. afloat, notably by backing the company's plan to sell...