Word: bank
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Dates: during 1960-1969
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...savage way, filling the eye with myriad tableaux of tragedy. At an army camp in Tayninh province, surrounded by moldy bags and barbed wire, a Jeep arrives containing one dead soldier and five live ones, who almost casually share the vehicle with the corpse. On a canal bank in Chuong Thien province, the body of a Communist guerrilla sprawls among the water lilies. On a track through a swamp in Hau Nghia province, a young Vietnamese rifleman happily plucks a duck for supper, white feathers sticking to his mud-spattered battle dress. At an isolated Special Forces post near...
...gestures of détente toward the West that so aggravate his Chinese Communist adversaries, Khrushchev called in a visiting "capitalist-imperialist" for a 21-hour chat in the Premier's Kremlin office. The visitor was none other than David Rockefeller, of Wall Street and the Chase Manhattan Bank, who had been attending a meeting in Leningrad when Nikita summoned him. In a "relaxed, friendly, even though extremely frank" atmosphere, Khrushchev renewed his insistence that trade between the U.S. and Russia be increased, told the financier that Russia would be willing to pay a sizable portion...
Named in the suit, besides Rhadamés, are Brother Ramfis, 35, Sister Angelita, 24, and their mother, Maria, 58. It would probably take a battalion of accountants to unscramble all the secret Swiss bank accounts and phantom companies that hide the wealth. But from the looks of things, the Trujillos on the outside are missing a pretty good thing...
...instinctive desire of a union bank for full employment has led B.F.G. into several unorthodox but rewarding transactions. While most other banks stood aside, B.F.G. last year purchased several companies left insolvent in the collapse of the Hugo Stinnes industrial empire (TIME, Oct. 18, 1963), is keeping them in operation until they can be resold. When the owner of a huge Nurnberg photographic mail-order house was arrested recently on suspicion of tax fraud, B.F.G. saved his company by putting up more than $2,000,000 to bail him out. By such ventures, the bank has preserved thousands of jobs...
Considerate in a Way. B.F.G.'s labor proprietorship is symbolized by its board of supervisors, which is headed by German Trade Union Federation Boss Ludwig Rosenberg, 61, one of the few Jews now in high positions in Germany, and studded with the names of other labor leaders. The bank is actually run by easygoing President Walter Hesselbach, a professional banker who has never worn a blue collar, usually arrives at work an hour late "so that I don't disturb my colleagues in their morning chat and coffee hour." Such considerate treatment by Hesselbach extends only...