Word: payments
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Dates: during 1970-1979
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John O. Lash '72 lives in Eliot House at Harvard and might never have done bells at Radcliffe if Currier had not begun the new payment system. "I heard that there was a real sinecure job there and I applied for it," he said
...came to the aid of credit-card users who complain that computers foul up their bills. It proposed new rules that will probably take effect early next year. Under them, if a customer writes in to a company to dispute a charge in his bill, the company cannot seek payment or interest charges until it investigates the item and fully explains it to the customer. Nor can one firm tell another firm that a customer is a bad credit risk without first informing him. In still another move last week, the FTC aimed to bring more clarity into automobile advertising...
...Department of Housing and Urban Development has cancelled payment of an insurance claim filed by Brandeis University following the 11 day occupation of Ford Hall in January...
...mannered accountant found it childishly easy. One of the company's suppliers was Marcel et Cie. When Marcel Ermacora typed out their checks, he banged hard on the "Marcel," holding back on the "et Cie." When the checks were returned with a company official's signature for payment, he merely typed his last name in and ran laughing all the way to the bank. It was the firm's bank that noticed the ever-mounting number of checks made out to him for large amounts. Realizing the firm was on to something, he fled the scene...
Fringe Benefit. Real security, most drivers agree, will come only when all cabs are equipped with immovable, bulletproof screens between driver and passengers (payment would be made via a tray that would slide between cabby and passenger), as well as driver control over back-seat door locks. New York's experience with the slide-open screen has not been too successful. "On a hot summer night," says a police spokesman, "what's a cabby supposed to do-drive with his window shut...