Word: depositors
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Dates: during 1980-1989
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...forgers' wiles to sift the real from the spurious in the written record. Great literature, from Homer to Shakespeare to Frost, has been lifted by forgers, some unmasked, some forever anonymous. Religions have been undermined, the reputations of races besmirched, nation set against nation, scientist against scientist, banker against depositor, even lover against the beloved, all by forgers' clandestine deceptions. Phony works of art have debased culture. Crass counterfeiting has threatened the stability of currency...
...more than 14,000 institutions belonging to the Federal Deposit Insurance Corporation are guaranteed by the Government for up to $100,000 for each account. Since the FDIC program was established in 1934, 578 member banks have gone out of business for one reason or another, but no depositor has ever lost a penny in an insured account...
...Girard Bank of Philadelphia has completely overhauled its fee structure with an innovative plan designed to relate the service charges a customer pays to how often he uses the bank's facilities. Each depositor is given a monthly "credit," or allowance, depending on the size of the average balance in his account. If the amount is $1,000, for example, the credit is about $11. The customer incurs a charge against that credit when he uses the bank. Writing a check costs 30?, and a withdrawal from an automatic teller machine is 10?. For a bounced check, the bank...
...pays for this lunch? Once a week Arden says. "I'll get the bill." Once a week Jo says, "I'll pick up the tab, it's on me." But who actually pays for their lunch? Arden's real estate firm? Jo's bank? The prospective buyer or hefty depositor...
Well, yes, The bank or real estate firm pays part of the bill. Does the buyer or depositor pay the other part? No the federal government "pays" for it by uncollected income taxes. The hefty depositor and prospective buyer get a free lunch, without reporting it to the Internal Revenue service...