Word: bank
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Dates: during 1950-1959
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...from Lincoln, Neb., in the heart of the budget-conscious Midwest, came a remarkable wire sent by officials of the National Bank of Commerce to President Eisenhower. The bankers suggested that Deputy Air Force Chief Curtis LeMay be placed in charge of a unified U.S. missile program. Then they said: "As bankers, we realize the dilemma facing us-maintaining prosperity while controlling inflation, and at the same time maintaining a costly war-deterrent machine. We assure you of our backing in a program that will guarantee survival...
Potent Arm. Mayor Lawrence appeared on the municipal scene just when Financier Richard K. Mellon (Mellon National Bank, Gulf Oil, Alcoa) and a platoon of lesser tycoons were preparing to rip their dowdy old city apart and rebuild it. Lawrence proved to be a valuable political ally. He ordered strict enforcement of smoke-control ordinances, pressured Democrats at Harrisburg and Washington to pass laws and approve appropriations that helped build new roads, bridges and dams. His reward: the business community's gratitude. Four years ago Lawrence's Republican opponent was not even invited to participate in the face...
...vainly into the Palais Bourbon to argue and temporize. Railway workers, bus drivers, mailmen, stagehands, customs inspectors, garbage collectors, undertakers and thousands of other French workers walked out in a paralyzing general strike, leaving Paris streets empty of buses and littered with trash. Unless the government can persuade the Bank of France to lend it 250 billion francs, it will not be able even to meet its next civil-service payroll...
...Central Bank, converted by Perón into a tool for direct control of the economy, reverted by an Aramburu decree to its normal function of regulating credit; deposits of private banks, taken over in 1946 by the Central Bank, will be returned...
...dealers, whose livelihood can rest on their ability to size up a new client, his tastes and bank roll, Niarchos has proved to be one of the most enigmatic figures in the art world. Says one of London's leading dealers, "We all know of Niarchos; one or two of us have seen him now and then. We all agree that he is one of the world's more important collectors. But he's shadowy and aloof in the gallery realm. He remains behind the scenes...