Word: bankes
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Dates: during 1970-1979
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...raise might be offset by the other taking a cut. When an electronics executive was asked to shift from Boston to Maine, his wife, a nurse, could find nothing to match her present job. Their decision: to remain in Boston. Having diligently worked up to assistant vice president at Bank of America's home office in San Francisco, Richard Easley, 33, was offered a reward: the No. 2 spot in a big Bank of America branch in San Mateo, only 20 miles away. Dreading commuting and unwilling to relocate his family, Easley simply decided that he did not, under those...
...yourself in the job you're in." Adds Ross Anderson, chairman of I. Magnin department stores: "We would never fire someone for turning down a move, but we don't make another offer unless he tells us that he has changed his mind." In response to the move resisters, Bank of America is concentrating on promoting people in their present locations rather than switching executives around so much. BOA's Easley, for example, was promoted May 1, with higher rank and salary in the home office even though he refused the transfer to the San Mateo branch...
These figures from the World Bank point up the desperate poverty in many of the 100 nations that are euphemistically classified as less developed countries (LDCs). People in the industrialized countries with pressing economic problems of their own might well say, "So what?" Poverty has long been a fact of life, and Americans especially feel that they have done more than their share in giving foreign aid since World War II. It is not, however, a question of altruism. The advanced countries have an urgent self-interest in improving a situation that in a few years may well overshadow...
...that keep many products of the LDCS-beef, sugar, cotton textiles, shoes -out of Northern markets. These rising barriers hurt precisely those LDCs, such as Argentina, Brazil, India and Mexico, that have the best chance of building sound economies based on a mix of industry and agriculture. The World Bank estimates that trade barriers cost LDCs $24 billion a year in lost exports of manufactured goods alone...
...more unselfish helper was Celeste Albaret, Proust's companion and housekeeper from 1913 until his death in 1922. In her late 50s, when Curtiss met her, Celeste and her husband, Odilon, who had been Proust's chauffeur, were running a dreary, working-class hotel on the Left Bank. Mme. Albaret's memory was a library in itself; she seemed to have cross-filed and indexed everything Proust had done or said. At one point, she told Curtiss, the master had been thrilled by a letter from a "M. Henri Jammes." Jammes -Henry James-had written that...