Word: credited
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Dates: during 1980-1989
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...CREDIT: TIME CHART BY CYNTHIA DAVIS...
After last October's stock-market crash, consumers grew more cautious for a while, but now they are emptying their pocketbooks and stretching the limits of their credit cards once again. Though the real gross national product increased at a moderate 2.3% annual rate in the first quarter, consumer spending rose at a more robust 3.8% pace...
...CREDIT: NO CREDIT...
...CREDIT: TIME Chart by Joe Lertola...
...even homeowners have begun striking back at their bankers. Joseph Ricci, a Falmouth, Me., racetrack operator, last year won a $10 million judgment against Maine's Key Bank, as well as a $5 million loan. Ricci established that the bank's officers had wrongfully terminated his $1 million credit line because they believed an erroneous rumor that he was associated with organized crime. Meanwhile, savings and loan customers are suing thrifts for such transgressions as mortgage-processing delays...