Word: bank
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Dates: during 1960-1969
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Treasury. As Under Secretary for Monetary Affairs, Johnson chose Frederick L. Deming, 52, president of the Federal Reserve Bank of Minneapolis, to replace Robert V. Roosa, who is joining a New York investment firm. Roosa will be a tough act to follow; he was a key figure in the intricate international finance operation in November that poured a desperately needed $3 billion loan into the British treasury to prop up the sagging pound. But Deming, an economist with a Ph.D. from St. Louis' Washington University and a career man in the Federal Reserve System for 23 years, was hand...
...grandiose consumer toys, an array of pseudoscientific gear, and stylish spas or hideouts are only sofascinating. By the end, no one really gives a damn whether the whole town of Fort Knox is gassed to death or whether Goldfinger does finally break the bank. Will the scene be more spectacular than the gilded ladies, golden Rolls-Royces, and pernicious laser rays which preceded it? Since the answer is no, the movie ends with an anti-climatic thud (or, rather, rustle; Bond and girl assume their usual, final positions beneath a parachute...
While a holiday calm settled over most chancelleries and financial centers, Britain had no respite from the Labor government's continuing difficulties with business and the badly shaken economy. Last week the Bank of England was forced to move in for the second time in as many weeks to support the pound against renewed selling pressure abroad. Foreigners, not wanting to be stuck with pounds in the event of devaluation, were finding buyers in advance for pounds that they expect to receive over the next few months. The central bank had to use as much as $56 million...
...waves, crews of the American Overseas Petroleum Ltd. last week began boring into the shallow center of the North Sea. Their quest-for natural gas to supply fuel-shy Europe-will be one of the world's most closely watched explorations. The wildcat operation off Dogger Bank, a favorite ground of herring fishermen, is the first to probe Britain's portion of the continental shelf. It is involved in a prospecting race that has roiled the waters of the North Sea and shows promise of reshaping Europe's entire energy market, which now imports...
Rapid Tentacles. Histadrut's possessions include the Workers' Bank, Israel's third largest (135 branch offices and $190 million in deposits); Solel Boneh, a construction firm that has built $100 million worth of projects in eleven African and Asian countries, including Katmandu airport in Nepal and the University of Ife in Western Nigeria; Koor Industries, a complex of 30 factories that turns out everything from cement and glass to steel and light bulbs; the Zim shipping company; and 90% of Israel's domestic bus and truck transport...