Word: unpaid
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...long out of the hospital where he was laid up by a shower of slings & arrows (alimony, debts, unpaid income taxes, deportation proceedings, all-round exhaustion), caught an extra barb. Word reached him that he had been expelled by Actors Equity because he had falsified his birthplace in applying for membership, claimed he was born in California...
...stop his program at any time, without penalty.) In addition to buying mutual fund shares (at net asset value plus an 8½% commission), his installments pay the premiums on a term group life insurance policy, written by the John Hancock Mutual Life Insurance Co. and covering the unpaid balance of his investment program. A maximum 50? custodian and accounting fee is also deducted from each payment. Since the insurance is provided on a low-cost group basis, the premiums deducted from his monthly payments amount to only $9 per $ 1,000 coverage a year, little more than half...
...crucified." Actually, like a sinewy Thanksgiving turkey, Dick was just being carved many ways. His second wife, Cinemactress Joanne Dru, collected $2,650 for overdue support of their three children, claimed that Dick owed her $29,087 more. Internal revenuers were grabbing half of Dick's salary for unpaid income taxes; his agent continued to get the customary 10% slice; his creditors were cut in for their regular 20%. Dick was reported "on the verge of nervous collapse...
...entered Walter Reed Hospital for rest and treatment. From Oslo also came the announcement that Dr. Albert Schweitzer, 78, had won the held-over 1952 Peace Prize ($33.149) for forsaking fame as a philosopher, theologian and musicologist to spend the past 40 years of his life discharging "the greatest unpaid debt of Western civilization" —as a medical missionary in French Equatorial Africa...
...sensitive to shifts in the economy, and can cause quick repercussions on the whole economy when it becomes top-heavy. It includes installments and single-payment loans from banks, pawnbrokers, etc., charge accounts and "service" credit, i.e., money owed to such people as doctors and lawyers, and even unpaid utility bills. Compared to the total debt, consumer credit is small-a mere $27 billion. But it has risen faster than any other private debt (up from $8 billion in 1940), and is still increasing at the rate of $500 million a month. And while total debt is increasing more slowly...