Word: transferals
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...approached, both sides wanted to lock the other into accepting the outcome. In the joint communique following their Feb. 10 meeting, Baker and Shevardnadze pledged both nations would "respect the results of free and fair elections." But the U.S. had another concern. Washington questioned whether the Sandinistas would actually transfer power if they lost. Aronson asked if the Soviets would continue denying weapons to the Sandinistas if Violeta Chamorro won. Pavlov said...
...withdraw funds from Membership Savings, you call a 24-hour 800 number and wait for the mail. Or for $10 you can get a 24-hour wire transfer. There is no other fee and no penalty if you fail to save what you said you would. O.K., you won't earn great interest, and you won't get a toaster, but you will earn 0.5% more than an average of what 100 other banks around the country are paying on money-market accounts. That average stands at 6.04%, so at the moment you'd be earning...
Just promise me you'll withdraw your savings each time they build up past $1,000 and transfer them someplace that pays more interest. You promise? Sure. As Amex knows, many of you won't get around to making the switch. You'll forget; you'll agonize for months over where to put the money. Face it, sports fans: Amex, already the Babe Ruth of marketing, has found the perfect way to get folks to accept 6.54% on money that could be earning more...
...volumes of microfiche and microfilm, Pankau's investigators conduct financial probes that would make privacy advocates cringe. They use vehicle-registration lists purchased from the Drug Enforcement Administration, as well as vital statistics culled from Texas' 254 county courthouses. The most telltale documents are often probate records and property transfers. Pankau exposed a Dallas land developer after he shifted most of his millions into his four children's trusts, filed for bankruptcy and proceeded to live off the charity of his offspring. A Houston real estate promoter who had a series of big bank loans coming due handed...
...overlooked. It's one of the fastest-growing items on the federal books: interest on the national debt. It has more than tripled, from $52 billion in 1980 to $179 billion in 1990. It is closing in on Social Security ($222 billion) as the Government's largest transfer program...