Word: banke
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Dates: during 1940-1949
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America, the biggest U.S. private bank. Last week, Transamerica made a move on the second point...
Siege Operations. Committee Chairman Vinson presided benevolently over the amphitheater formed by the double bank of committee tables, peering at witnesses over his spectacles. "Come on up here," he told "Bull" Halsey, who is growing a little deaf and had trouble hearing the questions. Stubby, emphatic Bull Halsey drew cheers from his Navy audience when he attacked the long-range bomber, declaring roundly: "I do not favor the concept that the principal weapon in our national arsenal should be a weapon designed to conduct siege operations...
...Western Hemisphere's biggest railroad* got a new boss last week. To succeed retiring President Robert C. Vaughan, the government-owned Canadian National Railway Co. picked Donald Gordon, 47, deputy governor of the Bank of Canada, whose only direct connection with railroading had been as a passenger...
...Early Start. To get around this financial track block, most Canadians agreed that hearty, burly (6 ft. 4 in., 240 Ibs.) Donald Gordon was probably the best man to have at the throttle. A Scottish immigrant boy, he got a job at 15 as a clerk in the Bank of Nova Scotia. At 34 he was picked as first secretary of the new Bank of Canada, became deputy to Governor Graham Towers three years later...
...Federal Reserve Board's antitrust hearings in San Francisco against Transamerica Corp. last week entered their second year. For the past year, FRB has been trying to do two things: i) prove that Transamerica is a monopoly, and 2) force it to sell its holdings in Bank...