Word: bank
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Dates: during 1960-1969
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Thousands of my readers have put their real estate into an inter vivos trust using one of the forms in my book. Other thousands have exempted their bank accounts from probate through use of other forms in the book. Others have exempted their common stocks, their unincorporated business or their personal effects, all with forms in the book. What has all this to do with mutual funds? Nothing. The majority of trusts set up by my readers cost nothing beyond the $4.95 paid for the book. Butter up the bar if you want to, but before you write about...
...airline's overhaul and maintenance headquarters in Kansas City. He also visited TWA's training center, where he was checked out in the simulator of Boeing's new 707-331. "They cranked in some turbulence," recalls Hannifin. "The pilot told me to begin a 20° bank to the left. Now, the old habits came into it. My own ship's instrument panel is just the opposite, so I banked the plane on the wrong side. It got away from me. In that modern ship I might as well have been trained on Columbus' Santa...
Gathering for their regular Thursday morning meeting, directors of the Bank of England last week made a decision that has been expected on Threadneedle Street as well as Wall Street. Faced with a continuing economic crisis and with a shaky pound sterling that slipped at one point to its lowest value in 20 months, the directors raised the bank rate-the interest that other banks must pay to borrow from Britain's central bank. The rate was increased from 6% to 7%, a level it last reached during the sterling crisis of November 1964. Thus Britain became the sixth...
...from Envelopes. A white-thatched bank veteran of 58 who came to the Old Lady of Threadneedle Street directly from secondary school in Wands-worth, a lower middle-class section of London, O'Brien worked his way up in 39 years from clerk to chief cashier and deputy governor. Harold Wilson picked him to succeed Lord Cromer, who left at the end of his five-year term to resume his partnership in the famed banking house of Baring Brothers. The O'Brien appointment was calculated to offend neither the financial community of "the City," which would have resented...
Indeed not; and suggestions echoed around London last week that raising the bank rate alone might not be enough. Apart from devaluation, which the government is desperately determined to avoid, there are two possibilities for further action: a politically risky wage freeze and import controls. Clearly, Britain will need Draconian measures-or miracles...