Word: debited
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Dates: during 1980-1989
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...boys made good use of their time, working up material and trying it out on whoever was making a bank shot nearby. Even far from the green felt, however, the tunes that Llanas and Neumann write stir memories of late nights, lost loves and lives edging over to the debit side. "I have a hard time with lyrics, so I keep it simple," Llanas says. "I write about boys and girls." Neumann, who splits the writing with Llanas, says, "All our lyrics are real positive. I like happy endings...
...fought World War II to save the possibilities of freedom, helped rebuild war-ravaged Europe as a bulwark of the West and launched the world's free-market economies on the greatest surge of growth ever. Even if the tragedy of Viet Nam is entered on the debit side, this record of achievement remains a challenge for their children to match...
...International, calls "data diddling"--entering false numbers at a keyboard. To pay for his wife's drug purchases, for example, a programmer at a savings and loan company in Los Angeles transferred $5,000 into his personal account and tried to cover up the switch with phony debit and credit transactions. The error was picked up in a routine bank audit. Among the 15 programmers and ten students nabbed, the offenses committed most often were thefts of software and telecommunications services. The rest of the crimes were scattered among a rogues' gallery of electronic lowlife that included seven bank tellers...
Meanwhile, an internal Sears committee is looking into all sorts of new financial ventures. One plan would turn the company's credit card into a debit card that would automatically deduct the price of purchases from a savings account. Speculates Stuart Greenbaum, a professor of finance at Northwestern: "The Sears credit
...last over. The board's forecast for the nine major European countries* predicted recovery, but it was hardly cheery: growth will be only 1.5% this year and 2.5% in 1984; inflation will recede from an average of 9.7% last year to 7.5% this year and next. On the debit side, the board agreed that unemployment, which now stands at 10.7% of the work force or approximately 12 million people in the European Community, will hardly decline during the next year...