Word: bank
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Dates: during 1960-1969
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...businessman, David Rockefeller, 53, president of New York's Chase-Manhattan Bank, might logically be expected to derive considerable satisfaction from the resounding financial success of Chase's ambitious program to decorate its offices and reception areas with fine art. In the decade since the program's inception, the bank has spent $800,000 for 1,500 paintings, sculptures and graphics by 500 artists. The collection's net value has appreciated to $1,500,000 -a 60% increase that compares favorably with the Dow Jones industrial average...
Celebrating Chase's tenth anniversary last week, Rockefeller invited 290 artists from around the world to a "thank you" dinner atop the bank's 60-story skyscraper. A total of approximately 125 showed up, mostly New Yorkers, but including Hans Hartung from Paris, Sidney Nolan from London, Manabu Mabe from Brazil. West Germany's Heinz Mack prankishly mailed in a lifesize, cardboard-backed photograph of himself in black tie, folded so that it could-and did-sit down at table and listen to the speeches with the other guests...
...stationed there, Jordan's economy is actually in better shape than before the war. Jordan's dollar reserves are a healthy $300 million. But tourist receipts are down to a third of pre-1967 figures, and agricultural production has dropped with the loss of the West Bank. Israeli analysts sum up Jordan's economy as "financially good, but stagnant in terms of development...
...Greek peasants, with wonderful exactitude, refer to as "eaters"-the bureaucrats they had to bribe, the merchants who bought their produce at unscrupulously low prices, the moneylenders who kept them in perpetual bondage. In one of his first acts as Premier, Papadopoulos forgave farmers' debts to the national bank .of agriculture. "You are the clear heads and the soul of the nation," he told a delegation that came to thank...
...mind turned to the winners of the race. Probably just stepping into the showers, I figured. I felt that I was moving along at a pretty good clip for me, and a bank clock near Newton had indicated that I was running easily within the four-hour goal. The obvious concern was: could I finish the last few miles? It became a matter of figuring, well, if I stop here and walk the rest of the way, can I still break four hours...