Word: accounts
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Dates: during 1970-1979
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...controlling interest in the National Bank of Georgia (NBG). While the loan was being considered, Manufacturers Hanover Trust Vice President Betsy Jo Viener stated in an internal memo: "Balances of 20% of the facility [a banking term for a loan] will be maintained in a National Bank of Georgia account and we anticipate in addition having all the New York activity for the bank flow through this account, yielding balances up to $1 million on a monthly average." That made it sound as if Lance had promised to open a correspondent-bank relationship as a trade-off for getting...
...April 29,13 days after Lance's visit to Manufacturers Hanover Trust, NBG deposited $250,000 there. The amount in this interest-free account reached a high of $1.1 million in 1976-a sum conceded to be "somewhat excessive" by one of the Georgia bank's officials in a letter to the comptroller. Yet NBG officials also noted that their bank's earlier correspondent relationship with New York's Citibank had been unsatisfactory. According to one memo, "Manufacturers Hanover was much more responsive to the needs of Southern correspondents...
Sociobiology may apply to ants, but your article reveals it as just another pop simplification when it is extended to people. Rational theories of human behavior have to be flexible enough to account for both a Stevie Wonder, able to triumph over being blind as well as black, and a Patty Hearst, so much a creature of her environment that she seems to have no genes...
...somewhat like those run by an outfit in Brussels called Nafta, where a motorist punches his credit card number into a computer, then fills up his tank from an overhead nozzle. The computer then charges the amount of the customer's purchase to his bank account...
...ghastly suspicion that the author has distorted her comedy in order to convey some symbolic code message. Not at all; the novel hasn't an idea in its head, and rightly so. If the Rumpelstiltskin business had been chucked out with Weldon's first draft, her account of Elsa's undoing could have scaled the foothills of superior nonsense...