Word: bank
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Dates: during 1960-1969
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Warning from Treasury. Economist Norman Strunk, executive vice president of the United States Savings and Loan League, faulted the big banks for expanding their lending during May at an annual rate of 17%. "No wonder they ran out of money and had to raise their rate," he said. "While bank presidents have been publicly wringing their hands," added Strunk, "lending officers have been pouring gas on the inflation bonfire...
...about $6 billion in uncommitted margin money. That potential purchasing power could provide a lift to the market, but investors are awaiting signs of a loosening of credit. The signs may be a long time coming. Last week Thomas O. Waage, vice president of the New York Federal Reserve Bank, summed up: "Already some participants in financial markets are bleeding, and there will be more...
...that he might want, Mr. Bridge considers himself happy. He has a Lincoln and a Chrysler, a country-club membership and the best Negro cook in town. He has an array of stocks and bonds (which he contemplates at intervals in the basement of Virgil Barren's bank). Still, mysteriously and unfairly, his normal existence seems filled with threats. Waiters "take advantage of people every chance they get." Negroes unreasonably wish to be regarded as fellow human beings. Jews violate standards of business practice and profit anyway; they also try to move into one's neighborhood...
...Israelis maintain that the fedayeen have not managed to penetrate deeply and in strength, nor have they been able to win over the bulk of the 944,000 Arabs living on the Israeli-occupied West Bank and in the Gaza Strip. Good intelligence and highly sophisticated, hard-hitting defense tactics stop most guerrilla activity on the perimeter of the Israeli heartland. Harsh retaliation by frequent air and artillery and occasional ground strikes has pushed fedayeen bases away from the 1967 borders. Sabotage and terrorism have dwindled in recent months. The Gaza Strip, that beehive of Palestine nationalism, is as quiet...
During the first six years of this decade, for example, the Corporation voted degrees to the managing director of the International Monetary Fund, the head of the International Bank for Reconstruction and Development, the head of the Federal Reserve System, the head of the Agency for International Development, the secretary-general of NATO, and three presidents of Latin American nations. During the same period, no degrees were granted to Negroes. (In 1967, Harvard did grant a degree to the Negro President of Morehouse College and in 1968 honored Whitney Young...