Word: banke
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...financial and economic dictator of Argentina," crowed Miguel Miranda to a friend last week. As Juan Perón's closest adviser and president of Argentina's newly nationalized Central Bank (TIME, April 8), the portly, fiftyish tin-can manufacturer was feeling his oats. A sweeping governmental decree had just handed him such economic power as few men had held outside Nazi Germany or Fascist Italy...
...bank deposits and practically all loans were placed under Central Bank control. Henceforth, Miranda's bank would make all the decisions that individual bankers used to make. The Central Bank would merely pay them for handling deposits for it. Thus, when Juan Perón took office June 4, his government would get control of $2 billion in deposits (just when it needed a billion to meet expenses), would have a hammer lock on credit that would permit withholding loans from individuals or institutions...
...this sounded as though only a Nazi could have prepared it-and apparently one had. He was natty 42-year-old Dr. Heinrich Dörge, reputedly the favorite disciple of Dr. Hjalmar Schacht and Schacht's right-hand man in running Germany's famed Industrial Credit Bank. Just after Pearl Harbor, Dörge had drifted to Argentina via the U.S. and Chile. He reportedly became Miranda's confidant and idea-man in his rise to power with...
...Greenwich . . . with all convenient speed." Those were bargain days. Sir Christopher tore down a gatehouse in the Tower of London and a fort at Tilbury. With the salvaged stone and timber, and with ?520 from the sale of old gunpowder, he ran up a building on a grassy bank of the Thames, well out in the country where the sky was as apt to be clear as average English sky. It was designed, he explained, "for the observer's habitation and a little for pompe...
True Confession. In Bristol, England, the Midland Bank got a chewed-up letter, on its envelope a faintly apologetic note from the postoffice: "Eaten by snails in the letter...