Word: teller
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Mario Jefferson, celebrated earlier in the week for apprehending the man suspected of attacking civil rights pioneer Rosa Parks, is himself a criminal, according to the FBI. He is charged with taking part in a scheme to steal $65,000 from a bank automatic-teller machine in 1991. The feds recognized Jefferson, 27, in a television interview...
Maryellen Gordon is still fumbling. When the Manhattan freelance writer opened a checking account at Manufacturers Hanover bank six years ago, she could keep as small a balance as she liked for a fee of just $5 a month, and there was no charge for using the automated teller machines. Then Manufacturers Hanover merged with Chemical Bank in 1992, after which Gordon had to keep at least $3,000 in the bank to avoid being charged each time she used the ATM system. Enough was enough. Earlier this year she took her money to a credit union where...
Automated teller machines have been particularly lucrative. ATMS were once touted as free high-tech conveniences, but a joint study by the Consumer Federation and uspirg found that customers now pay 95 cents on average each time they use a local ATM system and $1.10 for each use of a national network. And because ATMS require neither salaries nor benefits, most of those fees flow straight to the bottom line; another Consumer Federation survey estimated that banks typically reap 78 cents in profit for every $1 they charge to use the machines. Some go so far as to levy...
...hastened the development of their own atom bomb is incontrovertible. But the allegation that physicists who are still idols in the world scientific community cooperated with the espionage network? "Gumshoe braggadocio," fumes Richard Rhodes, author of a 1986 Pulitzer- prizewinning book on the making of the A-bomb. Edward Teller, father of the hydrogen bomb and a fervent anticommunist, scoffs at the idea that Fermi would ever have cooperated with the Soviets, because Fermi "clearly opposed the Stalinist nightmare...
...cashless era of the philosophers finally arrived? So far, with every advance made by encoded plastic cards and automated billing systems, there have also been glitches or concerns about fraud and privacy. At Chemical Bank, for example, automated teller machines mistakenly deducted a total of $16 million from 100,000 customer accounts in February because of a typographical error in a single line of computer code. The bank bounced 430 checks as a result of the malfunction...