Saturday, June 16, 2012

Dana Fradon Explains the Term "Substantial Penalty for Early Withdrawal"

Here cartoonist Dana Fradon helps to explain that ubiquitous banking term "substantial penalty for early withdrawal" which seems to show up at the end of financial advertising. The cartoon was published in 1975 in The New Yorker. The original artwork is mounted in a damaged mat and is therefore itself in uncertain condition. It was sold on eBay in March with the Buy It Now feature for a trivial sum.

Dana Fradon, "And here's an extra 'substantial penalty'
for the early withdrawal of your time deposit!"
Original artwork for The New Yorker, January 20, 1975, page 90


Dana Fradon cartoon, eBay Winning Bid

Dana Fradon cartoon, eBay Item Description


Dana Fradon, "And here's an extra 'substantial penalty'
for the early withdrawal of your time deposit!"
Original artwork for New Yorker, January 20, 1975, page 90
[End of eBay listing]

Dana Fradon, "And here's an extra 'substantial penalty'
for the early withdrawal of your time deposit!"
The New Yorker,
January 20, 1975, page 90

Dana Fradon, "And here's an extra 'substantial penalty'
for the early withdrawal of your time deposit!"
The New Yorker,
 January 20, 1975, page 90


Note:  My previous blog entry on original cartoon artwork from The New Yorker can be found here. I'm afraid there is a substantial penalty for not reading it.

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