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Word: bankers (lookup in dictionary) (lookup stats)
Dates: during 1960-1969
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Usage:

...York Banker David Rockefeller, however, the answer lies not in bigger portions of federal aid but in the creation of an effective partnership between Government and business-with business carrying the major load. "Urban rehabilitation is primarily a task for private enterprise," he told the Senate Subcommittee on Executive Reorganization last week. "Government can lend support and provide incentive-and it is important that these things be done. But, fundamentally, this is a job of massive financial and human investment that can best be accomplished by the private sector." Added Rockefeller caustically: "Many of my businessmen friends tell me that...

Author: /time Magazine | Title: The People: The Dimming of the Dream | 12/9/1966 | See Source »

Some economists are clearly worried that a tax increase next year would, as one California banker put it, "be like hitting an already trembling economy with a sledge hammer." A veritable drum roll of reasons against a rise was marshaled by Arthur Burns, who was Dwight Eisenhower's chief economic adviser. "If the purpose of a tax increase is to cool off the economy, such a process is already under way without it," he told a bankers' conference in New York. "With the scope of economic expansion narrowing, with labor costs rising, with profit margins shrinking, with construction...

Author: /time Magazine | Title: The Economy: Guessing Games on Taxes | 12/9/1966 | See Source »

...thing, Win was born gregarious. More readily than his brothers and their older sister Abby, now wife of New York Banker Jean Mauze, Win befriended local children in Pocantico Hills, and ever since has shown a natural ease among men and women of disparate backgrounds. When he says, "I've always been interested in people"-and he says it often-he means just that. "Win was basically the nonconformist," says David. "He was rebellious against the stereotype of what we are." He seems always to have been the Rockefellers' odd boy out. Their mother, Abby Aldrich Rockefeller, once...

Author: /time Magazine | Title: Arkansas: Opportunity Regained | 12/2/1966 | See Source »

...Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Saudi Arabia, Sudan, Syria, the United Arab Republic and Yemen) voted for a ban by all Arab countries on doing business with all three companies. The action against Coca-Cola came in retaliation for the granting of an Israeli bottling franchise to Manhattan Banker Abraham Feinberg, who is also president of the Israel Development Corp., which promotes Bonds for Israel. RCA angered the Arabs by allowing phonograph records to be pressed in Israel. The move against Ford resulted from a licensing agreement allowing an Israeli firm, Palestine Automobile Corp. Ltd., to assemble British...

Author: /time Magazine | Title: Middle East: Boomerang Boycott | 12/2/1966 | See Source »

Sunrise Serenade. The Zurich bank, which occupies sleek second-floor offices on the Schützengasse, is a Swiss-chartered joint stock company with initial assets of $2.3 million. It has been christened Wozchod Handelsbank, or Sunrise Commercial Bank; Chairman Albert Nikolaevich Belishchenko, 36, a career banker who was formerly vice-director of Moscow's Gosbank, says the name refers to the spaceships that the Russians launched in 1964 and 1965. Belishchenko takes pains to allay Swiss fears that Moscow will use the bank to dump gold and otherwise disrupt the tiny nation's financial ties to other...

Author: /time Magazine | Title: U.S.S.R.: How to Succeed As a Socialist Banker | 11/18/1966 | See Source »

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