Word: banke
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Dates: during 1960-1969
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...Politicians who opposed De Gaulle were rarely accorded air time, and pro-Gaullist propaganda assaults filled prime time during election campaigns. Another arbiter of public taste turned out to be De Gaulle's prudish wife Yvonne. For her influence in banning sex from TV, banishing dirty books from Left Bank bookstalls and chasing Paris' famed streetwalkers into periodic hiding, she gained the nickname of "Tante Yvonne...
...that time, Pompidou had switched careers again and was chief administrative officer of the gilt-edged Paris Rothschild Bank, a position to which he rose in typical meteoric style four years after joining the company as an obscure subsidiary director. Still unknown politically, he accepted De Gaulle's offer of the premiership in 1962. Opposition politicians put him down as having "the confidence of the king," as one of them sneered, but Pompidou soon emerged in possession of much more. He became a first-rate parliamentary debater, and on television he came through as a skillful advocate who could...
...most astonishing displays of ingratitude of his career: he dismissed his longtime friend as Premier. True to form, Pompidou seemed less disturbed by the news than anyone else; he simply removed his favorite modern oil paintings from Matignon, set up an office on the Left Bank and waited for life to come to him. Or seemed to wait. Actually, he made a point of keeping in close touch with Gaullist friends, listening sympathetically to their complaints and quietly gathering up loyalty for the future...
...changes in factory output and personal income, which are measured among the so-called "coincident" indicators. Reaction is already evident in retail sales, which also turned down sharply in March. Eventually, the effects will ripple through the economy as rises or declines in the "lagging" indicators, among them bank interest rates, labor costs and prices...
After De Gaulle's departure, speculators rushed to buy marks, knocking the franc, the dollar and the pound to the lower limits set by the International Monetary Fund. The prospects of another franc devaluation-the eighth since World War II-caused French bank notes to sell at a 10% discount abroad, and the price of gold in Paris reached record highs. French reserves fell for the twelfth consecutive week, while German Bundesbank reserves jumped by $400 million. Only the strict French currency controls prevented a much sharper shift out of francs and into marks...