Word: bank
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Dates: during 1950-1959
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...finance the $345 million city he authorized Novacap to speculate in Brasilia's residential land. He begged U.S. Ambassador Ellis Briggs for a Brasilia loan as a "personal favor," got $10 million from the Export-Import Bank...
...Portuguese, living with her parents in the Brazilian diamond-mining town of Diamantina, and she began to keep her record of everyday happenings in 1893, when she was twelve. In 1942, as Senhora Augusto Mario Caldeira Brant of Rio de Janeiro (her husband twice served as president of the Bank of Brazil), she published her diary in a small edition for friends and family. Famed French Novelist Georges Bernanos saw it and proclaimed it a work of genius. By the time-1952-that U.S. Pulitzer-Prizewinning Poet Elizabeth Bishop went to live in Brazil, it had become famous there...
...predicted a 6,000,000-plus year for autos in 1958, told a Harvard Business School audience that the entire auto industry is in for a poorer year than he expected-though still a good one. "We know that the people have the jobs and that their savings-bank accounts are at a high level," said Colbert, "but the consumer has lost the desire...
Banker William Rose, who shared others' wealth last year in Ellenville, N.Y., reaped his reward last week. Having admitted gift-loans of $1,400,000 that collapsed his Home National Bank (TiME, Dec. 24, 1956), Rose, 51, heard a New York federal judge sentence him to five years in jail for misapplication of bank funds. President Joseph Di Candia of the nearby Anjopa Paper Co., who invested part of $958,000 in loans from Rose in wine, women and song, was sentenced to three years for his part in the deal. Mrs. Celia Hoffman and Mrs. Anna Schandler...
Planned Withdrawal. In Buffalo, Carmelo J. Giambra, one of the gunmen who robbed the Linwood Branch of the Liberty Bank of $23,775, was arrested and identified, pleaded guilty after he returned six days later in a brave attempt to open a savings account...