Word: card
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...order to eliminate the financial burden on students from a typical summer of volunteering, Elias and Kalamchi have dedicated themselves to intensive grant writing, and initiated appeals to individuals, foundations and universities. By being close to but independent from Harvard, Elias and Kalamchi avoid possible donors playing the Harvard card. “People would ask, ‘You go to Harvard, so why can’t they support you?’” says Elias. Though their position as a non-profit allows them to appeal to philanthropic groups which wouldn’t normally...
When my physician decided that I was too dehydrated and in too bad of a state to be sent home, there was no time wasted in admitting me. No one handed me any papers to sign. No one demanded a copy of my health insurance card, birth certificate or written affidavits from three former business associates attesting to my integrity, honesty and willingness to throw my body in front of an oncoming bullet if that’s what it takes to save the Queen of England...
...Indeed, debtors have set up websites to share tips on how to dodge payment, even how to get loans and new cards while deep in hock. Collecting bad debt is already a headache for lenders, because card debt is unsecured. Solomon Credit Information, a Seoul collection agency, says that only 0.5% of bills more than six months overdue are ever repaid and that recovery is costly in any case."If you lend $20,000 to someone, you can spend the same amount to get it back," says Brendan Carr, an American lawyer with Aurora Law Offices in Seoul...
...Choi Pyong Jin, the online bowling-ball salesman, is hoping his business will improve so that he can pay off his bills?but if the government is willing to forgive his debt, he'll happily accept a bailout, he says. For now, he gets 30 calls a day from card companies demanding payment. Taking three calls in the course of an hour, he pretends to be someone else and takes a message. Whether you are a South Korean credit-card company, a corporate conglomerate or a citizen, sometimes the best strategy is to sit tight and wait for someone...
...politicians do not take them seriously because they vote in such low numbers. This endless cycle goes around and around, but unlike the curse of the Bambino, this curse can be broken. The baseball season is over, the political season has just begun, and young voters are the Wild Card of the 2004 presidential election: will this be the year they turn their reputation around...