Word: pocketing
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Dates: during 1980-1989
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...Once in, you can stop making new contributions -- but it's expensive to get old ones out. So don't think you'll just pocket that 12% for a year and then move on to something else. If you withdraw your money, Amex charges a penalty, 7% the first year, which gradually evaporates in seven years. But there's also the 10% IRS penalty on withdrawals before age 59 1/2 and, whatever your age, the income tax due on the interest your funds have earned...
...cover rights to James Clavell's Whirlwind. That record-breaking sum has since been equaled or topped repeatedly. Horror writer Stephen King was reportedly promised between $30 million and $40 million for his next four thrillers, to be published by Viking Penguin and New American Library. Simon & Schuster and Pocket Books shelled out $10.1 million for the next five novels from suspense writer Mary Higgins Clark. Warner Books paid Southern historical novelist Alexandra Ripley $4.9 million for the unwritten sequel to Gone With the Wind. (Margaret Mitchell's advance was all of $500 for writing the original...
...collar prosperity. In the '40s and early '50s it ranked second only to Chicago as a national rail and stockyard center. But almost all its industry has left, driven out by high crime rates and property taxes. Thousands of jobs have gone with the factories, leaving the city a pocket of nearly hopeless poverty in the generally economically well-off St. Louis metropolitan area, and quite possibly the worst-off urban center in America...
...back from the cashier in my change." The only autograph basketball's Tom Van Arsdale ever solicited was from an Indiana high school kid, Oscar Robertson, when Van Arsdale was even younger. "He was eating a hot dog. I'll never forget the way he shoved it in his pocket to free his hands. Mustard and all." They became teammates in the pros...
...first mobile phones that came out were fine -- as long as you had a pack mule to carry them. They were a long way from a James Bond-style phone that would be small enough to fit under a pillow or in a vest pocket. Now Motorola has made a giant step toward a truly mobile phone. The company last week introduced its Micro TAC Personal Telephone, which is about the size of a checkbook. It is 13.5 in. long and weighs just 12.3 oz. The phone comes in two models that carry price tags...