Word: depositer
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...died, he had told a police friend that two prison supervisors were making illegal profits from their jobs and that there was large-scale fraud in the prison furniture shop. Moreover, he had given his fiancee tape recordings of prison conversations that she had locked up in a safe deposit box. State and federal investigators listened to the tapes but refused to reveal their contents. Declares Guard Ken Mock, 38: "I have no doubt that Gerry...
...September 25, 7:12 p.m.--The manager of the Greenhouse Cafe in the Science Center reported a bank deposit bag containing $1440 stolen. The bag had been locked in a freezer for safekeeping...
Four days a week customers gather in the lobby of the Talman Home Federal Savings and Loan in the Gage Park section of Chicago. Occasionally someone makes a deposit or takes money out of an account. But most of the time, the customers just sit around chatting, drinking coffee and munching free doughnuts. Says Louis Brockman, 91, a regular at Talman: "This is one of the nicest places in the world. Everybody talks nice to you, from the sweepers to the president...
...suddenly had to start paying comparable interest rates on passbook accounts, many of them would go broke. As it is, an estimated 85% of all S and Ls are losing money because the double-digit interest that they are paying on a variety of certificates of deposit-14% and more-is higher than the 9% or so that they earn on old mortgages...
When a bank fouls up, an unhappy customer may yank his money and deposit it across the street. Oil-rich Kuwait has done the same thing, only it took $4 billion with it. New York's Citibank had managed investment funds for Kuwait since 1974, putting nearly $4 billion into stocks of about 350 U.S. companies, including AT&T, Atlantic Richfield and Phillips Petroleum...