Word: creditor
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Dates: during 1960-1969
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...hitch to insuring a judge is that big money probably has to ride on his staying alive. A would-be beneficiary can insure another person's life only if he holds an "insurable interest" or a substantial financial stake in that person's survival. A creditor can thus insure a debtor, an employer a key employee. So why not insure the litigant's "amen" when the bailiff cries, "God save this honorable court...
...stuff in a sleazy motel room-a touch of aberration that is clue to a conventional surprise ending. In the last episode, Modern People, directed with rich detail and folksy color by Mario Monicelli (Big Deal on Madonna Street), a cheese dealer (Ugo Tognazzi) offers his wife to a creditor in payment of his gambling losses, only to learn the high cost of cuckoldry...
...settled back to wait. Sure enough, the freeze was a fluke. The ice melted overnight, and Sage sailed off for New York where he made a $50,000 killing. At 24, he operated a fleet of riverboats and a private moneylending business, was a bank director, city councilman, and creditor to two of New York's biggest Whigs: Editor Thurlow Weed and Governor William H. Seward...
...such chronic debtors, many psychiatrists detect a glint of masochism. "Consider the language of debt," says Manhattan's Dr. Harold Greenwald. "People have to 'beat someone out of his money,' or debtors are 'pushed to the wall' by their creditors." One of Greenwald's patients wept after he paid off his last creditor; he felt as if he were leaving someone who needed him. San Francisco's Dr. Alfred Auerback believes that overwhelming debt creates enormous tensions and strains within families. "Young people today," says he, "assume they should have...
Black adopted Florida's suggestion that "since a debt is property of the creditor, not of the debtor, fairness among the states requires that the right and power to escheat the debt should be accorded to the state of the creditor's last known address." All this takes is a look at the company books. Though "not entirely one of logic," said Black, Florida's escheat rule is easiest to apply and will save countless court fights in the future...