Word: banke
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Dates: during 1960-1969
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...year. And this year "the Ling Dynasty," as L-T-V is sometimes called, has loomed even larger. In March a surprise Ling tender offer hauled Chicago's Wilson & Co. into the fold. Early this month, Ling announced a plan to take over Greatamerica Corp., the Dallas-based bank, insurance and airline (Braniff) combine controlled by his longtime ally, Troy Post. If Ling could take Allis-Chalmers in hand L-T-V bid fair to quickly become a $3 billion company...
...pronounced beach 'em) E. Smith, the Allis-Chalmers director with the biggest block of shares (21,560), pronounced the new offer "far, far more interesting." There was little likelihood that the company would find a savior with anything like LTV's bankroll (furnished by a group of banks headed by the Bank of America) and willing to offer a better price. The company, L-T-V figured, was boxed in and liable to all sorts of stockholder suits if it held out. Thumbs Down. Once again the Allis-Chalmers board retired to consider the offer. And once again...
Into a squalid Calcutta tenement apartment six lives are crowded: a gentle, ineffectual bank clerk, his wife and their small son, his parents and his sister. Money is scarce, and the wife takes a job selling home appliances from door to door. The old couple are shocked by the idea of a woman working. The husband's pride, too, is wounded, but the bank fails and he must accept the fact that the wife is now the family's sole breadwinner. In the end, she quarrels with her employer and quits. Husband and wife join hands to find...
Bonnie and Clyde. Bang bang! go the guns, and the bank guard falls dead, his face oozing ketchup from every pore. Twang twang! goes the banjo, and Clyde Barrow and Bonnie Parker ride off in a stolen flivver for further merriment, murder and mayhem...
Capital transfers out of the colony, mainly by some wealthy Chinese, are estimated at $66 million in May and June-a mere 4% of the total currency and bank deposits. Many businessmen find comfort in the fact that most firms could move out lock, stock and barrel with little trouble at all, if need be. It is a fact of Hong Kong business life that factory machinery has long been designed for easy loading aboard ships. Business has always been transacted in Hong Kong with an eye to quick returns and with relatively little capital tied down in buildings...