Word: bank
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Dates: during 1960-1969
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...Wilbur Mills in an attempt to gain support for the domestic surtax proposal, but its chief result was to further fan speculation and cause a heavy loss of U.S. gold. Last month's unprecedented visit by Treasury Under Secretary Frederick Deming to a meeting in Basel of the Bank for International Settlements, a clubby group of bankers who pointedly exclude government officials, started frenzied rumors that the U.S. was proposing some drastic step. That set off another round of speculation, which, by expert estimate, cost the U.S. anywhere from $100 million to $400 million in gold...
...activated until the U.S. and Britain markedly reduce their balance of payments deficits. But it is quite possible that by 1975 the S.D.R.s will increase the world's reserves by 25%. Says German Banker Hermann Abs approvingly: "It's like putting a paper tiger in your bank...
Police have reconstructed sketches of the two men, and released the drawings to all Boston newspapers and television stations. Intensive investigations are being conducted around Harvard Square to locate bystanders who might have seen the pair leaving the bank after...
...money, in two bags, was turned over to the men, who walked out of the Harvard Square bank...
...bank president, Thaddeus Beal, declined to identify the authentic armored car service or the firm...