Word: payment
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...President dispatched Adviser Abe Fortas to Atheneum Publishers with a collection of his speeches to be turned into a book, ordered early payment of $234 million in veterans' insurance dividends to get more cash into circulation. There was a long lunch with Dean Acheson, followed by high praise for Acheson's outlook on foreign affairs, and there was a long private talk with a few reporters about what a crackerjack Defense Secretary Robert McNamara is. The President talked so convincingly of tight budgeting with visiting U.S. Chamber of Commerce President Edwin Neilan that Neilan, a registered Republican, emerged...
Money Is Better. As the "scarlet epidemic" spread, it became more distinguished to reject than to accept the award. Degas, De Maupassant, Clemenceau, Gide, Sartre and Camus all allegedly turned the Legion down. Offered the medal in lieu of payment for his famed requiem commissioned by the government, Composer Hector Berlioz snorted: "To hell with your Legion of Honor. I want my money." But a refusal cannot be worn in a buttonhole, and thousands of other Frenchmen still openly court the award...
...deeply shaken many investors. Brokers got calls all last week from customers wanting to know if their securities were safe. Other investors wanted to buy insurance policies on their securities. How can the investor protect himself? If he opens a margin account to buy stock with only a down payment, he has no protection. The broker can put his stock up as collateral to borrow the rest of the price of the stock from a bank; if the broker goes bankrupt, the margin buyer loses out. Many investors do not realize that even if they pay for their stock...
...twice and inspired a flood of tips about Powell's finances. Then he blocked a Powell bank account, took steps to keep Powell from transferring assets out of his own name. And when Rubin figured he had solid evidence that Powell had diverted to his wife a $900 payment for an article in Esquire, he was able at last to take his fight into criminal court, where he got the summons that was servable on Sunday...
...when he finally went to a lawyer friend with the report that he had not filed an income tax return for seven years, the stunned advocate advised him that the only thing to do was to leave the country. Wilson stayed, and finally settled with his tormentors on a payment of $25,000, with thousands more to be deducted from his earnings during the next four years...