Word: dimes
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Dates: during 1980-1989
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...meets the needs of all sorts of users. Dime Savings Bank of New York uses them to verify signatures on checks and important documents. The Los Angeles Clippers basketball team sends game scores and players' statistics to newspapers by fax. Edward Scripps, chairman of the Scripps League Newspapers chain, carries one wherever he goes, even aboard his company yacht, the Eagle Mar, so that he can send suggestions for editorials to his publishers...
Want "a cash reserve for anything you want, whenever you want it," as New York's Dime Savings Bank promises? Or "a real bargain," courtesy of California First? Those are the kinds of advertising claims that are wafting these days around banking's hottest product, the home-equity loan. A boomlet of sorts is under way as customers respond with enthusiasm to this form of consumer debt, while lenders vie frantically for customers and market share. But amid the rush, cautionary voices are warning about the dangers of the popular loans, and the misleading nature of some of the hype...
Flying trains. Practical electric cars. Dime- a- dozen medical imaging machines. Normally cautious scientists are talking seriously about the prospects for these and other blue- sky inventions. Reason: a rapid- fire series of breakthroughs in substances that conduct electricity with perfect efficiency could eventually revolutionize technology. See SCIENCE...
...home-equity credit line. Interest on these home loans is still fully deductible. Customers can therefore get a credit line against their homes that permits them to run up as much as $100,000 in interest-deductible card charges. But, warns Edward Kramer, senior vice president for the Dime Savings Bank of New York, which offers such a Visa card, "it's important to remember that this is a lien on your home...
...would withhold the $40 million remaining of the $100 million appropriated last year, was an artful ploy linking opposition to the contras with congressional disgust over the Tower commission's revelations about the Administration's inept and probably illegal efforts on behalf of the contras. "Before we send another dime to the contras," said the bill's chief sponsor, Democrat David Bonior of Michigan, "we must know where the previous funds have gone...