Word: bankers
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Dates: during 1960-1969
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...installment buyer is in for a shock this week. If he applies for a car loan, his banker will have to tell him that the true interest rate is about dou ble the 6% or so that the bank may have been advertising. If he uses a de partment store revolving-credit plan, his next bill will inform him that the 1½%-a-month interest charged on his unpaid balance works out to a yearly interest charge...
...crunch" talk-the word was on nearly every banker's and broker's tongue last week-delights the Federal Reserve. The board interprets the commotion as evidence that its tight-money policy is now beginning to force banks to make difficult decisions about what to do with their funds, instead of trying to dodge monetary discipline by scraping up money abroad. So far this year, the Federal Reserve has allowed the U.S. money supply to grow at an annual rate of less than 2%. That is sharply below the inflationary 11% growth allowed in the second half...
Pompidou, the banker, poet, and bon vivant, continued to go out of his way to picture himself, not very convincingly, as an ordinary Frenchman, a sort of Pompoher. "When I go through a red light," he told one audience, "I get tickets and pay them like everyone else. I know about domestic problems, the worries of the children and the dishes to be washed...
Married. Maria Atalanti Livanos, 27, U.S.-born daughter of the late millionaire Greek shipowner George M. Livanos; and Stephane A. Cattaui, 32, French-Egyptian investment banker, vice president and Eurooean representative of Clark, Dodge & Co. Inc.; he for the second time; in a Greek Orthodox ceremony; in Manhattan...
...first hours of De Gaulle's defeat, the jovial, ursine Pompidou was maintaining the respectful silence of a mourner. A onetime classics teacher, he knew how to honor the tragedy of the fall of a great man. But as a former Rothschild banker, he was also well aware of the fund of admiration and good will that the French people hold for him. When the Latin Quarter was a battleground last May and June, De Gaulle cut and ran for Colombey and very nearly quit. Pompidou took over, and in a round-the-clock performance under strong pressure, effectively...