Word: payments
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Dates: during 1990-1999
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...earner for 1994-95 was Franklyn G. Jenifer, president of Howard University, located in Washington, D.C. Jenifer's salary and benefits of $800,318 included a severance payment...
...amount of money. I thought I was doing pretty damn good. Now it's nothing to get excited about." Lori keeps the household books. "I'm an incredible bill payer," she says, "but a terrible saver." Last week she called her mortgage officers to learn why her monthly house payment rose from $592 to $616, even though interest rates are falling; the answer was higher insurance fees and taxes. After that she socks away $150 every other month into a mutual fund, while trying to erase $14,000 in credit-card debt by next year. Bob Dole...
...their balances each month are known in the industry's distorted parlance as "deadbeats" because they avoid steep interest charges. GE, which offers its Reward cardholders cash rebates worth as much as 2% of their purchases, put the deadbeats on notice last month with its $25 prompt-payment fee. "If there is not a tremendous consumer backlash," says Susswein, "we will see more companies punish cardholders for paying in full...
...study on children of divorce, "women continue to support the children, and child support doesn't make up the difference." Two-thirds of all divorces involve minor children, and according to Columbia law professor Martha Fineman, author of The Illusion of Equality, the average annual child-support payment is only around $3,000. "Equality is being applied with a vengeance against women," she says. "Assumptions are made about women's ability to earn wages that are unrealistic, given the discrimination and different rates of pay." The trend toward joint custody can also impoverish an ex-wife, since the father puts...
...that soups up sports cars. Getting a little carried away with its photo retouching, Sport Auto showed the hard-bodied star on its cover next to a Gemballa Porsche, giving it the thumbs-up sign. Schwarzenegger filed a $5 million lawsuit claiming his photo was used without permission (or payment). You thought he did those Planet Hollywood gigs for free food...