Word: banker
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Dates: during 1960-1969
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...into a shouting match with the Omaha World-Herald over some disparaging remarks that Ted had made about progress in his home state in 1961. In the end, Phil lost the limelight to a G.O.P. novice, Norbert ("Nobby") Tiemann, 42, himself a Kennedy-handsome, 6-ft. 3-in. banker from Wasau (pop. 724). An unknown nine months ago, Tiemann stumped the state shaking every outstretched hand, put across his German name with the slogan: "Tiemann. . . Nebraska's Way to Spell Governor." He won by 101,586 votes...
...invested 29 of his 52 years in the 105-year-old Comptroller's office, rising from bank examiner to Saxon's first deputy. In naming Camp, Johnson followed his recent tendency to select noncontroversial careerists to head regulatory agencies. The appointment was hailed unanimously by bankers, Congressmen, officials of other Government agencies and Jimmy Saxon. Reported the American Banker, daily bible of moneymen: "Almost everyone who has been associated with Mr. Camp considers him an affable, easy-to-get-along-with individual who knows the ins and outs of the business...
Died. Ursula Hemingway Jepson, 63, wife of a Hawaiian banker whose father committed suicide (1928) in the face of a debilitating illness, but who always denied that her brother, Novelist Ernest Hemingway, had done the same (1961), contending that his gunshot death was accidental because "suicide was against all his convictions and principles"; apparently of an overdose of drugs after writing a despondent note about a long illness; in Honolulu...
...oasis of stability and old-fashioned economic freedom in the impoverished and riotous Middle East, prospers not only by trade but as a money market. In less than two decades, its bustling capital of Beirut has grown into the world's newest financial center, the shrewd regional banker to everybody from wealthy Arab sheiks to huge U.S. oil companies. Last week, in a crisis that shook the country's fiscal structure to the bottom of its vaults, Lebanon was forced to shut its 93 banks for three days...
...merchant banker's prime asset is his experience in sizing up situations, measuring men and calculating risks down to one sixty-fourth of 1 %. But very often, as Wechsberg notes, he relies on instinct. One day in 1932, Swedish Match King Ivar Kreuger tried to interest the Lehman Brothers in a complicated financial deal. Kreuger talked and talked about his grandiose schemes, while Philip Lehman made a few notes. Then Lehman turned him down: "I have a rule, Mr. Kreuger. If I cannot understand something by reading my notes on the subject...