Word: unpaid
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...case against Bidwell-who, if found guilty, could draw five years in jail, $20,000 in fines and a 50% fraud penalty on the unpaid taxes- had one disquieting aspect. In sharp contrast to usual Department of Justice secrecy, word leaked out a month ago that the Government was seeking an indictment against Bidwell...
...happily aided by the Communists. Supporters of Moise Tshombe. however, insist that "mercenary" is merely an inflammatory term; all underdeveloped nations need foreign assistance (the U.S. sends thousands of officers and men abroad in its military aid missions), and besides many of the white troops in Katanga are only unpaid irregulars. The true mercenaries, complain the Tshombe supporters, are the U.N. troops in the Congo, fighting in a war in which they have no interest...
...siren cries of nothing down, easy credit and pay later have made the installment plan an essential part of the U.S. economy. In the process, consumers have run up a steadily rising personal debt of $54 billion, much of it in unpaid interest. Economists do not find the figure unduly alarming, but many of them worry that too few consumers realize the true cost of credit...
...opened hearings on his "truth in lending" bill. Democrat Douglas argues that banks often advertise a 6% annual rate on monthly-payment loans, but the actual rate is closer to 12% because the borrower pays interest on the entire amount of the loan, instead of on the steadily declining unpaid balance. Low monthly rates quoted by small loan companies and stores, notably those that cater to lower income groups, camouflage the fact, says Douglas, that the true annual interest often ranges from...
From his Leopoldville headquarters in a dirt-floored former bar, Rebel Leader Holden Roberto admitted his rebels were fighting a losing battle, but were not yet knocked out. Roberto's forces, once 50,000 strong, now number only 10,000 unpaid men; and his only contact with them is through couriers, who take ten days to make the round trip between Leopoldville and Angola's desolate battlefields. "We have made mistakes and we are paying for them," he told his followers in the Congo. "We are now changing our tactics and retreating into the forests until...