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Word: atm (lookup in dictionary) (lookup stats)
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...Congress is not an ATM." ROBERT BYRD, Democratic Senator from West Virginia, arguing against the White House request for $87 billion to help rebuild Iraq...

Author: /time Magazine | Title: Verbatim 2003 | 12/29/2003 | See Source »

...clocked out of the courthouse garage at 11:40 p.m. on Wednesday, his route to Pennsylvania was not that of a man driving at gunpoint or of thugs with a prisoner in the trunk. It was oddly circuitous and left a clear electronic trail. Automatic-toll charges, an ATM record and a gas receipt suggest he drove northeast to the town of Newark, Del., then west and finally north into Lancaster County. The gas receipt also included charges for bottled water and soda, odd purchases during a gangland...

Author: /time Magazine | Title: The Case He Left Behind | 12/15/2003 | See Source »

...month ago, all Choi Pyong Jin had to do to feed his habit was insert one of his 18 credit cards into a bank ATM. Out came borrowed money, about $25,000 a month, which he shoveled into his ailing business?until the day of reckoning. Crushed by debt that far exceeded his annual income, Choi was forced to sell his house to pay off some of the card companies, but he still owed $113,000. A few weeks ago, he decided to break the pattern that had precipitated his financial ruin. He took scissors to his credit cards...

Author: /time Magazine | Title: The House of Cards | 12/1/2003 | See Source »

...accounts have mounted so quickly at card companies that the country's largest issuer, LG Card, recently nearly ran out of money and had to temporarily suspend its ATM cash-advance service. LG was bailed out last week with a $1.69 billion emergency loan package provided by its creditors, mainly banks. LG isn't the only issuer in trouble. Of South Korea's nine major card companies, eight lost money in the first half of 2003; losses at Samsung Card, the country's second-largest issuer, totaled $850 million in the first nine months of the year. Two banks, Korea...

Author: /time Magazine | Title: The House of Cards | 12/1/2003 | See Source »

...make a living from personal information pulled from the trash don't care what form it comes in--paper, plastic or floppy disc. So why not play it safe? The MD 100 Media Destroyer is a paranoid's dream come true. It flattens raised numbers on old credit and ATM cards before cutting them to ribbons. It shreds a CD in about four seconds, reducing it to shards too small to be used for any kind of data recovery. It slices right through floppy discs, metal clips and all. You have to fold letter-size paper before feeding it through...

Author: /time Magazine | Title: Coolest Inventions: Keeping It Safe | 11/17/2003 | See Source »

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