Word: payments
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Dates: during 1990-1999
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Here's how little faith Steve McNamara has in his credit-card company: every month, rather than simply drop his payment in a mailbox, the Mill Valley, Calif., resident trudges to the post office to send in his Visa bill by certified mail, so he'll have the receipt as proof that he paid on time...
...First of all, it ain?t that much, not for most of us. Those nice accountants at Deloitte & Touche calculate that a couple with two children under 17 and an income of $50,000 -? that?s about average -- would receive an annual tax cut of $265. One car payment, maybe. As the late, great Chris Farley used to say, whoop-de-freakin...
...your bill-related busywork. For less than $10 a month, they will receive all your bills, paper or electronic, and give you an e-mail heads- up about what's due and when. Paper ones are scanned into cyberspace, so you can view the original documents online before authorizing payment. All three companies pledge to work with any biller and any bank and to insure losses due to error or fraud. They assert that all transactions are encrypted for security and that personal information is kept confidential...
...after Motorola, which owns an 18 percent stake, said that the company might have to declare bankruptcy unless its partners chip in more money, Lockheed Martin announced Thursday it wouldn?t be upping its 1 percent investment any time soon. Iridium will miss its next interest payment to bondholders, and its bankers have given it until August 11 to come up with a new business plan. The Wall Street Journal has nicknamed the company "Icarus." What went wrong? TIME business writer Karl Taro Greenfeld says Iridium showed up at the telecom party a little too early...
...charges can carry a penalty of up to seven years. But Combs is unlikely to do time. Instead, he will probably plead to a lesser charge and agree to a financial settlement. Such a deal would come with a hefty price tag: Stoute could pocket a payment of anywhere from $1 million on up in exchange for agreeing not to file a civil suit. But even if Combs' legal problems are disposed of, there will be lingering questions: Why would one of hip-hop's smartest executives attack a rival and risk jail? What lit his fuse...