Word: banke
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Married. George S. Moore, 63, chairman of First National City Bank of New York, third largest in the nation (assets: $17.5 billion); and Charon M. Crosson, 31, an attractive blonde whom he met in Puerto Rico five years ago; he for the second time (he was divorced by his wife of 30 years two weeks ago), she for the first; in Westport, Conn...
...enough business experience to give them real potential for success. Searching for more of them, Samuels has opened storefront offices in ghettos. He is also stretching the S.B.A.'s $1.1 billion loan kitty by guaranteeing loans made by private lenders, has lined up support from dozens of major banks. Last week five of Manhattan's largest banks agreed to provide up to $50 million to help minority businessmen. A consortium of 23 Houston banks has pledged $7,000,000 for the same purpose, a nine-bank group in Philadelphia, $6,000,000, a group in Boston...
...SELF-HELP. Negro groups have also initiated a number of businesses. A few months ago, Charles Bussey, a Negro operator of a furniture-restoring firm, rounded up 25 other Negro investors to form San Francisco Container Corp, They put up $20,000, then raised another $180,000 from the Bank of America and the Fireman's Fund Insurance Co. Next month, in San Francisco's Hunters Point ghetto, they will open a plant that will make chipboard and cardboard cases...
...park in the Home-wood-Brushton ghetto. Last month the nonprofit group broke ground for a $1,100,000 plant that Westinghouse Electric will lease. Westinghouse will install Negro managers, hire about 75 ghetto residents. The development corporation plans a second industrial park, two shopping centers and a ghetto bank...
...banker sits on a company's board and also has a place on the investment committee of his bank's trust department. Almost simultaneously he learns that the company's profits will be disappointing and that someone in his trust department wants to buy the company's stock. Should he warn the bank...