Word: banke
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Dates: during 1940-1949
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Chairman Ferguson promptly summoned Hughes's pressagent, John Meyer, the man with the inexhaustible bank account and all the girl friends. Chairman Ferguson proceeded with loving caution...
Marshall Field, who has money to burn, was in a buying mood again. Last week, jingling a pocketful of change, he went shopping for a second Chicago newspaper. He put a $5,339,000 check in the bank and invited the 488 stockholders of the tabloid Chicago Times to come & get it. He was offering $60 a share for stock that was quoted...
There was nothing surprising about the issue's success. Up to the first $2,540,000,000, the Bank's bonds will, in effect, be guaranteed by the U.S. Treasury. They are, therefore, as safe as U.S. bonds-and they bring more interest. The real test will come when private investors are asked to subscribe beyond this guarantee point. Nonetheless, the success of the first issue was heartening to McCloy, who had found only three months ago that "nobody was interested in our securities. We talked to many an insurance company and bank-and the unanimous answer...
...world needs went, the first issue was only a penny in the cup, just equal to the Bank's first loan-$250,000,000 to France (TIME, May 19). However, the Bank does not intend to float any more bonds until it sees what Congress does to finance world reconstruction by the "Marshall approach." Only then will the Bank know how much money it needs to finance the "good risks" of the world...
...last fortnight Dr. Colbert and his assistant George Whitaker were exploring Arroyo Yeso, a gypsum gulch on Ghost Ranch, near Abiquin, N. Mex. Suddenly Whitaker uttered a cry of joy, rushed to the bank and pointed triumphantly to a small fossil claw. Dr. Colbert had got his coelophysis...