Word: debits
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...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...
...original Airplane! was an original, written and directed by three funny fellows who went on to greater folly and glory with the spoof TV show Police Squad! The sequel is written and directed by Ken Finkleman, whose previous credit (make that debit) was Grease...
...newcomers on active duty. The spectacle of has-beens in the shadows yearning for a return to power (Republican Henry Kissinger as well as Democrat Walter Mondale) may be our vague answer to parliamentary government. This kind of criticism and comment has the benefit of sharpening debate and the debit of heightening confusion...