Word: banke
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Dates: during 1940-1949
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...anyone want a job that paid $30,000 a year, tax free? Last week the World Bank was still shopping around for someone to take the place of retiring President Eugene Meyer. The job was offered to Graham Towers, governor of the Bank of Canada. He turned it down. At one time or another, the job has been turned down by Navy Secretary James V. Forrestal, Assistant Secretary of State William L. Clayton, former Budget Director Lewis Douglas. (The bank denied an Associated Press story that Secretary of Commerce Averell Harriman had also been offered the job.) Unless a head...
...Bank of America on a note guaranteed by the Henry J. Kaiser Co. and Joseph Frazer personally...
...shares of K-F stock (worth $6,000,000 on the current market). This.stock, along with what Graham got when K-F was formed, will give Graham a 21% interest in K-F. But Henry Kaiser and Joe Frazer will hold the voting rights on the stock until the Bank of America loan is paid...
Wall Streeters gossiped that Dillon, Read & Co. and the Chase National Bank had also had a hand in moving Coulter out. Dillon, Read had agreed to underwrite a $6.5 million stock issue and Chase had agreed to lend Western up to $7.5 million-on condition that the stock issue brought in the proposed $6.5 million. (Coulter will stay on as director but will sell his 240,210 shares of stock...
...final joker is the lack of money available to the State Department for financing foreign commodity buying. With the Import-Export Bank holding a bare minimum of funds, any amount of relief appropriations would have to run a Congressional gauntlet. An economy-minded Republican Capitol Hill can be expected to cut to ribbons any such grant, especially since it is foreseen that some of the nations will have to receive outright gifts...