Paying down his debt, my son learned that a credit limit and making minimum payments feels like wearing cement shoes in a pit of quicksand. Still occasionally he’d bring out the card for new purchases, and I’d pull out my book.
“Awwww, Mom, can’t you let me put it on credit without writing it down?”
Gordon’s dining room chair sat empty at meals. It had been empty before because of his involvement in school activities and clubs but the usual explanation, when someone called for him, was, “He’s not home.” Now, if anyone called for him, the reply was, “He’s gone.”
Tired of the discrimination his fellow Italian immigrants faced in their new country, in 1904 Amadeo Pietro Giannini opened his company, "Bank of Italy," in San Francisco. Yes, the original name of Bank of America...