Word: bankers
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Dates: during 1960-1969
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...power to play the role of a loner in international politics. Last November, against the weight of global financial opinion and the advice of most of his own ministers, he stunned the world by refusing to devalue the franc, which was already weak and unsteady. Pompidou, a former Rothschild banker, could not bring himself to defy reality. "Common sense advises us to align the franc on a rate recognized in foreign markets," he explained to the French in a special statement. "We content ourselves with taking note of a fact and acting...
...many ways, Armand G. Erpf is a contemporary man of myth and a contemporary hero. An investment banker (he is a senior partner in Loeb, Rhoades & Co.) and a multimillionaire at 71, Erpf is regarded as one of Wall Street's most secretive and successful adventurers, risking hundreds of thousands of dollars in quixotic, unpredictable enterprises, among them New York magazine. There is a $500,000 chair endowed in his honor at Columbia University, and another-of the wooden, folding variety-bearing his name at New York's Theater for Ideas, an intellectual audience-participation forum, of which...
Died. Robert Lehman, 76, investment banker, senior partner of Lehman Brothers and one of Wall Street's most powerful figures; in Sands Point, N.Y. Born to wealth, "Bobby" Lehman might have devoted his life to art collecting and horse breeding, both of which he loved, but his greatest enthusiasm was for high finance-and for 48 years he multiplied his family firm's prestige and fortune. He was one of the first to see the enormous potential of aviation, helped bankroll the beginnings of American, Pan American and Trans World Airlines. He was a friend to retail merchandising...
Ready? In the late 1930s, Justine (Anouk Aimée), the sensual wife of an Egyptian banker named Nessim (John Vernon), had been yearning after the aloof British diplomat Pursewarden (Dirk Bogarde), although she had to content herself with the favors of Darley (Michael York), a young writer and lover of a belly dancer named Melissa (Anna Karina). Suddenly Justine and Nessim are revealed as Coptic Christians involved in smuggling guns to Palestine so that the Jews can fight the British. Pursewarden, who knows of their treachery, keeps silent, apparently out of love for Justine. Melissa meanwhile goes...
...officials proclaimed efficiency to be their primary objective. They argued that the fragmented private industry, which earned 1.9% on investment in 1966, could not acquire the capital to build the modern mills needed to compete with Japan and the U.S. The Laborites induced Lord Melchett, a Tory banker and philosophical opponent of nationalization, to accept the chairmanship of BSC on the promise that he would be allowed to run it in a strictly businesslike fashion. He quickly ran into political roadblocks...