Word: banke
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Dates: during 1960-1969
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...roustabout in the Texas oilfields at 75? per hour, moved up to roughneck, or assistant driller, at 83?, and lived in a $4.50-a-week room. When he came home three years later, he worked briefly at junior jobs in such family-dominated enterprises as the Chase National Bank (now Chase Manhattan) and Socony-Vacuum Oil Co. (now Mobil). He began taking on charitable responsibilities and helped organize the Greater New York Fund. He became a leader of the National Urban League-not merely a contributor but a dedicated worker who did much to promote job opportunities for Negroes. Lester...
...punishing physical exertion that can be calculated only by the fatigue etched in his broad face. His mission has not been entirely quixotic. Win Rockefeller, at 54, needs Arkansas as much as it needs him. Indeed, his brothers David, 51, president of New York's Chase Manhattan Bank, and Nelson, 58, Governor of New York, both use the same words to describe his incentives: "Win found himself in Arkansas." Adds David: "It was just what he wanted and needed...
...adamant was longtime Director-General Imbriani Longo, now 72, about the proposition that politics and bank ing do not mix that he even declined government honors and decorations...
Longo's policies paid off. The Lavoro, which makes loans on everything from grain crops to Gina Lollobrigida movies, is now the world's eighth largest commercial bank. It has assets of $7.05 billion, last year earned $11,136,000 from the operations of 205 domestic and ten overseas offices...
...perhaps not permanently. The other banks, at first joyous at the collapse of their big rival, now feel that only the reopening of Intra will bring back confidence in Lebanon's key banking industry. A recent government-commissioned report by Lebanese financial experts pegs Intra's assets at only $8,000,000 less than its liabilities, a relatively small sum that the bank directors themselves could make up out of their pockets. Bedas, who was out of the country when the crisis struck, has stayed out, but has been scouring the U.S. and other financial markets, where...