Word: atm
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...alleyways of downtown San Francisco. For most of that time, the city paid little mind to the 50-year-old former paramedic and his cartful of possessions. That indifference vanished last month when a police officer found him sitting on the sidewalk in front of a Wells Fargo ATM and issued a $76 ticket and a court summons. Then one morning last week, Dumont says, he was awakened by a cop kicking him in the foot and telling him to move on. "It gets worse every day," says Dumont. "If I were sleeping in front of a store...
...Back at Out of Town News, the first-years, in fact, are now mulling about, preparing to depart for the big city. While the birthday girl, Kaity Cheng, is visiting the ATM, I get a description of Club Joy from a fellow partygoer...
...Franken is the author of several books, including Why Not Me?, a fictitious story of his successful presidential campaign and of his ensuing administration, during which his only goal was to eliminate ATM fees...
...Cubans are eager to buy from the U.S. To the extent Castro allows, they are trying out capitalism, creating new private businesses, from boarding houses to pizza-delivery services, primed by the annual $800 million that family members in the U.S. send them. Many even draw dollars from Havana ATM machines, via accounts set up by U.S. relatives in Canada and Europe. But for Cubans, entrepreneurship is fraught with migraines, from exorbitant government licenses and taxes to graft. And for those who have no access to dollars, despair--and resentment--is rising. At the same time, Cubans are worried that...
Bankers justify the charges by noting that most banks provide ATMs free to their own customers and thus must find some other way to recover the cost of deploying the machines. "In San Francisco," says Bank of America spokesman Peter Magnani, "there is no charge 80% of the time when someone puts a card in a B. of A. machine." Moreover, he says, the cost of the transaction is just a small part of the bank's expenses, which include purchasing, installing and maintaining the machines as well as paying rent at nonbank locations. "Banks are being singled...