Word: chases
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Dates: during 1990-1999
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Most kids go to camp to learn how to make lanyards and swim. But Chase Culeman-Beckman claims he got an education with more far-reaching implications. Now 19, Culeman-Beckman says in 1988 he went to day camp with Jacob Bernstein, son of former Washington Post reporter Carl Bernstein, and Jacob told him that W. MARK FELT, associate director of the FBI during Watergate, was the shadowy source known as Deep Throat. Culeman-Beckman researched the theory for a high school history class and this summer copyrighted an essay supporting it. But Carl Bernstein says he never told Jacob...
Last year, you see, when McNamara was doing things the conventional way, the credit-card issuer, Chevy Chase Bank (whose portfolio has since been acquired by the First USA unit of Bank One), slapped him with four $29 late fees even though he regularly mailed his check two weeks before the due date. McNamara figures not even the Postal Service could screw things up that consistently, and he's convinced the bank purposely delayed processing his bills, a charge Chevy Chase denies. "They use low introductory rates and send cards to anyone and their dog," says McNamara, "and they have...
...last year, according to Consumer Action. Today charges run as high as $35 a pop, helping propel industry-wide fee revenue, which now accounts for nearly 20% of all revenue, from $10 billion in '96 to $19 billion in '98, according to CardWeb.com Financial giants Citigroup, Bank One and Chase just reported strong second-quarter earnings, fueled by double-digit growth in credit-card income...
...fact, it's already boiling over. Earlier this year, Trial Lawyers for Public Justice sued Chevy Chase Bank for reneging on the terms of its cardholder agreements. The bank's tactics, the suit claims, were brazen. As a Maryland company, Chevy Chase was barred from charging more than 24% interest. So the bank relocated its offices to Virginia and jacked rates as high as 27%. Chevy Chase says the suit is baseless...
...road shows, the care and feeding of advertisers, but as editor he learned on the job, and that wasn't easy on anybody. He and Berman, the magazine's president, had lurid battles about its direction; and Kennedy's violent temper would break loose; sometimes he would chase Berman down the hall screaming. One time they locked themselves in Kennedy's office. Staff members heard banging sounds. When Berman emerged, one of his shirt sleeves was missing...