Word: carding
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Dates: during 1970-1979
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Next Tuesday marks the premiere of The Gin Game, a first-play effort by D.L. Coburn that won the Pulitzer Prize last season, although no one is quite sure why. The play concerns two old people, confined to a nursing home, who get acquainted over the card game that fills the too-many empty spaces in their lives. A somber theme, but the performances of Hume Cronyn and Jessica Tandy under Mike Nichols' direction are a joy. At the Wilbur...
Outwardly, American Express shows no sign of concern about the increased competition ahead. Louis Gerstner, head of the company's card division, says he is "respectful" of some of his rivals, especially Diner's Club, but is skeptical about the bank cards that want to add traveler's checks. The business, he says, "may look simple, but it is very, very complex, requiring significant economies of scale and control that take years to develop." Yet many industry analysts believe American Express is facing some tough problems: while there is less and less room for it to grow...
...rush into traveler's checks has inspired some odd alliances and rivalries. Although Citibank issues Master Charge cards and is a member of the consortium that licenses the Master Charge system, its parent Citicorp has gone to court to try to block Master Charge's entry into traveler's checks, charging unfair competition. Citibank's argument: Master Charge, through the banks that issue the card, would be able to control which traveler's checks the customer bought, thus shutting Citibank out of the business...
...competition will further blur the marketing lines between the older travel-and-entertainment cards like American Express, which grew up specializing in hotels, airlines, rental cars and restaurants, and the bank cards that originally focused on local retail purchases. Citicorp and other big banks that have been moving into cards and checks on a nationwide scale argue that they have been forced to do so in self-defense, claiming they have lost a lot of consumer credit business since World War II to other loan suppliers, including not only the card firms but department-store charge accounts and the auto...
...ensemble out of a group that includes (in no particular order of significance) Lillian Gish, Pat McCormick, Howard Duff, Vittorio Gassman, Dina Merrill, Nina van Pallandt, Lauren Hutton, Mia Farrow, Geraldine Chaplin, Desi Arnaz Jr., Amy Stryker, Paul Dooley, various veterans of his stock company and a title card full of newcomers. They are all wonderful. If someone deserves to be singled out, it is Carol Burnett, who plays the bride's up tight but restless mother. For her to appear in this film took guts; for her to play her part with such total commitment to its pathetic...