Word: checkbook
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...Exiting with his loyal fiancee, Albert asserted his desire to "put the pieces of my life back together." One of those pieces will certainly be his checkbook...
WASHINGTON: Lobbyist Peter Knight knows that sometimes the best way to get a politician's attention is by waving a checkbook. As Al Gore's money man, in 1996 he set the record for a one-night fund-raiser: $12.5 million...
WorldCom's muscular stock has become Ebbers' checkbook. He paid $2.5 billion in 1995 for a company called WilTel and its 11,000-mile network of fiber-optic cable, making WorldCom the fourth largest U.S. long-distance carrier. But he soon found himself tossing and turning at night because he had little in the way of local service to sell. So while driving to work on Aug. 12, 1996, he dialed up James Crowe, chairman of a local-service provider called MFS Communications, to propose a deal. By the time Ebbers hung up, he was ready to shell...
...explanations for racial disparities, the Thernstroms often construct tenuous arguments. Studies have repeatedly agreed with blacks' complaints of redlining, but the Thernstroms posit that the key factor is more likely low black income--as if the fault lies with black people who don't know how to read their checkbook balance before they venture forth to buy a house...
...Downs, the secret finally came out when she gave her 19 children and grandchildren shoe boxes stuffed with nearly identical collections of telescam trash. "We considered taking her checkbook away," says daughter Penelope Clute, a prosecuting attorney in New York State. "Fortunately, we didn't do that. It wasn't her. It could happen to anyone. [The scammers] are criminals, and they have the psychology down pat." Even after her secret was out, Downs could not give up hope of recouping some losses. A few weeks later, she called her children to report, with great relief, that at long last...