Word: crediters
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Dates: during 1960-1969
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...support package in order to prevent the total collapse of the pound. To back up its action, the government raised the interest rate from 61% to 8% in order to attract foreign deposits, ordered British banks to limit their loans to priority borrowers, issued restrictions on installment buying and credit and announced plans to cut $240 million from Britain's $5.3 billion defense budget. It ordered all banks and money markets in the country to keep their doors closed on Monday of this week to reduce speculation before final I.M.F. approval of the new support funds for the pound...
...many a person wary of thieves, traveler's checks and credit cards are better than cash. Thieves agree. Precisely because the cards and checks are not legal tender, a smart crook knows that he is usually safer stealing or forging them than he is stealing or forging the real thing. In many states, lifting a credit card amounts to nothing more than lifting a penny's worth of plastic: serious crime may occur only when the issuing company is actually defrauded. The situation is much the same with traveler's checks. As a result, a man found...
...identification as driver's licenses.* Gang members then traveled, ate, and charged lavishly, using the cards. Even when they are not liable, issuing companies almost always assume the financial burden of such fraud to maintain good relations with stores, hotels and restaurants who accept their cards. (But the credit-card companies may try to recover from a cardholder who has not informed them of a loss or theft.) The issuers are therefore understandably anxious to find heavier legal weapons to use against credit crooks, and they are now actively promoting new legislation...
...Senator John Tower is sponsoring a bill that will bring traveler's checks that cross state lines under the purview of the federal Criminal Code: it has been passed by the Senate and is now awaiting House action. American Express last year commissioned the drafting of a model credit-card law for states, which suggests maximum penalties of one to three years for such offenses as card theft or possession of forging machinery or blanks. With the backing of every other major credit card issuer, the statute is being pushed in all states. So far, North Carolina, Florida...
What makes the screenplay really inferior is not its dialogue but its structure. To Breen's credit, he has spared no violence and omitted no possible crime; but the script completely lacks a sense of pacing (a lack that is suitably reinforced by director Douglas, and finalized in the cutting room). Following Sinatra's fast, complicated search for villains becomes practically impossible, because the leads from one day's work to the next are always contained in inaudible, or highly forgettable, bits of dialogue...