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P. Edwin Thomas Indianapolis, Ind. Newly emerging debtors Your article on the trials and tribulations of the big money center banks and Third World deadbeats was fascinating ("Bond boomerang," Feb.22, p. 104).
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The chief deadbeats are the same ones just about every year.
After a string of profitable paybacks, the list of deadbeats is growing.
Almost half of the deadbeats are defense contractors who owe the Treasury $3 billion.
As for others, well, turn on the news: shady bankers, savage interrogators and deadbeats are everywhere.
Deadbeats are being offered a "rare opportunity" to pay up on money earned before June 30 , 1999
BECAUSE feedback is also available on buyers, deadbeats are not much of a problem in the online auction world.
In the credit card industry, "deadbeats" are not customers who fail to pay their bills - they are customers who pay off their credit cards each month, thus depriving the banks and credit card companies of the hefty interest charges.
"You believe that Donald Trump, known to every subcontractor, supplier, and banker in New York as the King of the Deadbeats, is going to pay you back?" "As I was saying," Mr. C replied, "We prefer to refer to him as D.J.T.
American Express, the credit card company that prides itself on steering clear of deadbeats, is seeing a higher percentage of its customers defaulting on their debt, according to numbers released Monday.
A deadbeat was a penniless "sundowner" at the very end of his tether, and a no-hoper was an incompetent fellow, hopeless and helpless.
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