Word: banke
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Dates: during 1960-1969
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...Lowe for any purpose." Double checking, Nielsen detectives got two depositions to the contrary. The first, from Bell Telephone companies, revealed that Sparger and Lowe had recently exchanged not two but at least 40 calls. The second, from a woman teller at Oklahoma City's Liberty National Bank, disclosed that she had cashed for Sparger a $4,000 check made out to him by Lowe; she added that on the midnight before Nielsen filed suit, Sparger had phoned her saying "something like 'Santa Claus will take care of you' " for clamming...
Chairman John Home of the Federal Home Loan Bank Board seemed to feel the same way. Calling the Reserve Board's action "minimal," he demanded among other things that action be taken to "reduce the widespread availability of certificates of deposit." With that, the HLBB handed S & Ls more power to fight back. Abandoning its only restraining weapon over S & L interest rates, the board suspended a policy cutting off S & Ls paying more than 4½% in most states (and 5% in California and Nevada) on passbook accounts from borrowing privileges at the twelve Federal Home Loan Banks...
When asked to name the fastest rising Negro businessman in the U.S., many Negro leaders answer as quickly as they can say Jackie Robinson. The former Brooklyn baseball demigod, now greying and widening at 47, holds high executive positions in a bank, an insurance company and a professional football team, also earns money as a popular speaker at Jewish community centers (usual subject: how minority groups can help each other) and as an accomplished political aide...
Already he has opened many doors for Harlem's Freedom National Bank, of which he is chairman (TIME, Jan. 28). Though his title is mostly honorific and the position pays him only $6,000 yearly, Robinson spends three mornings a week at the bank, also attends monthly board meetings. His other major business activity is as general manager, executive vice president and board member of the Brooklyn Football Dodgers in the Continental League. His main chore is to persuade rookies to sign up, and he has had remarkable success among Negroes...
Died. Zinaida Pasternak, 69, second wife of the late Boris Pasternak, who married the author in the early 1930s, and may or may not (no one will say) have had access to the rich Swiss bank account set up for Pasternak's heirs by the Italian publisher of Doctor Zhivago; of cancer; in Moscow...