Word: bank
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Dates: during 1950-1959
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...shortage of capital, Brazil urgently needs help from the U.S. Last week a mission headed by Engineer Lucas Lopes, who is President Juscelino Kubitschek's No. 1 economic-development braintruster, arrived in Washington from Rio to ask for massive loans from the U.S. Government's Export-Import Bank...
...auditor's check supposedly signed by him was incorrectly endorsed "J. C. Reuter." Moreover, said George P. Coutrakon, state's attorney for Sangamon County (county seat: Springfield), many of the checks in question had been cashed in "suspicious circumstances" at Chicago's Southmoor Bank & Trust Co., which, as a state bank, was under Auditor Hodge's jurisdiction...
Interior Decorators. The Southmoor Bank, Reporter Thiem disclosed, held a $24,000, low-interest (35%) mortgage on Hodge's $25,000 lakefront Springfield home. The News also reported that some $450,000 in checks from Hodge's office had been paid in two years to Fabric-Craft Sales Corp., a one-room Chicago interior decorating service headed by Mystery Man William Lydon, a policeman who was once indicted (and later acquitted) in the murder of a Chicago madam. Fabric-Craft and two other companies headed by Lydon listed two Hodge aides as officers: Chief Personnel Officer Lloyd Lane...
Last week the FBI, T-men and state budgetary commission agents were all investigating Hodge's office. At week's end Edward A. Hintz, who was ordered to appear this week before grand juries in Chicago and Springfield, resigned as president of the Southmoor Bank. Altogether, said authorities, the phony checks may cost the state as much...
...provide single production and selling group for coal and steel has asked three big U.S. investment houses (Kuhn, Loeb; First Boston; Lazard Frères) to help plan multimillion loan to modernize coal mines, coking plants, etc. Previously, Community borrowed $100 million from U.S. Export-Import Bank...