Word: bank
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Soak the Rich. Having already borrowed the legal limit from the Bank of France and hoping to borrow more to offset the government deficit, Mollet had encountered Bank of France Governor Wilfrid Baumgartner, conscientious keeper of the country's precious bullion reserves. Said smooth, silver-haired Baumgartner: "I want collateral-taxes. And quickly." Mollet's answer: a soak-the-rich tax program that hit corporation earnings, dividends and inventories, added four francs per liter...
...prices fell. LAPI's income tumbled. Perón had to dip into Argentina's gold and foreign-exchange reserves, a fabulous $1.6 billion piled up during the war, to pay for the raw materials that the new industry was gobbling up. Next, he set the Central Bank's currency printing presses to work. In the chain breakdown...
...National Bank of Haiti, closed during the crisis, reopened and put tens of thousands of dollars into circulation in this bullet-scarred, economically strangled capital...
...most influential men gathered at a dinner to cheer him on with a stout hurrah. Some alumni may have winced inwardly when Beck was named president of the University of Washington board of regents-but they did precious little protesting. Beck could walk into the eminently respectable First National Bank and come out with a whopping big loan; after all, he had moved $8,000,000 in Teamster funds from Indianapolis to Seattle banks ("Let Seattle businessmen think of that," cried Beck...
...shares at about a share (giving each roughly a $25,000 profit), Marcus' shares at about $7 each. Roth, who with his new directors has already lent the corporation another $1,500,000 and worked out financing for most of the parent company's $4,365,000 bank debt, will be Hoffman's new president. Stahl resigned ("I plan to buy another company"), but Marcus and Di Salle will keep their jobs...