Word: bank
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Dates: during 1960-1969
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...monks of Ladakh devoted themselves to writing an "immortal epic" of India's fight against Chinese aggression. A temple in the south Indian state of Andhra Pradesh converted its 85-lb. gold treasury into 15-year defense bonds, while New Delhi bank clerks shined shoes outside a restaurant after hours and gave their earnings to the government, men jammed the enlistment centers and showered Nehru with pledges to fight signed in blood...
Panic spread from the mountains into the plains. Officials in Tezpur burned their files, and bank managers even set fire to stacks of banknotes. Five hundred prisoners were set free from Tezpur jail. Refugees jammed aboard ferry boats to get across the Brahmaputra River. Even policemen joined the flight...
...candidates, including a millionaire shipowner who is one of the region's few popular capitalists. Independent Deputy Edouard Frédéric-Dupont, who has presided over his Paris district so long that he is called the "Archbishop of the Left Bank." trailed an unknown Gaullist who is not even a proper bohemian...
...spirited bidders turned up last week when Western Bancorporation, a big holding company, carried out antitrust orders to sell off California's First Western Bank & Trust. Of the six, a little-known Texas insurance man named Troy Victor Post, 56, showed a clear and present advantage. Said a Bancorporation director: "Post's offer had something unique about it-money." Where most of the bidders offered complicated deferred-payment deals. Post unpocketed $69.5 million in ready cash. He quickly got First Western, which has assets of $612 million...
Helped by the Law. A poor tenant farmer's son who had to quit high school to go to work in the mail room of a bank. Post by 1933 had saved $138, which, he used to organize the Pioneer American Life Insurance Co. in his home town of Haskell, Texas. The state's insurance laws in those days favored small local companies, and Post formed a mutual company, signed up almost everyone in town. The company grew fast during World War II, helped by a Post decision to insure G.I.s without disallowing benefits for death in combat...