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Word: bankes (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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...federal examiners called the irregularities "unsafe and unsound" banking practices. For failing to disclose them to stockholders, the examiners accused Lance and the banks of "fraud and deceit." Lance and the banks admitted no wrongdoing. Indeed, Lance in the past has blamed part of his troubles on "careless, erroneous or biased reporting" by the press. But he and the banks signed a consent decree, promising not to commit these kinds of questionable acts in the future. The decree bars Lance from ever again bouncing a check except in an "isolated and inadvertent" case. In addition, Lance agreed to give...

Author: /time Magazine | Title: Nation: A Little Help for His Relatives | 5/8/1978 | See Source »

...issue in the talks were the interpretation of an old document, U.N. Resolution 242, and the formulation of a new one, a declaration of principles to govern a comprehensive Middle East peace settlement. The real question: whether Israel is obligated to withdraw from a substantial portion of the West Bank. Jerusalem's answer remained "not necessarily"−which to many ears still sounded like "never...

Author: /time Magazine | Title: MIDDLE EAST: PlaneTalk on Capitol Hill | 5/8/1978 | See Source »

When his American hosts argued that Israel should adopt a more flexible attitude, Dayan replied that the U.S. must accept the fact that Begin is too committed to the concept of "Eretz Israel" for him ever to accept withdrawal from the West Bank. Nonetheless, said one American diplomat, "Dayan the pragmatist emerged. He told us, in effect, 'Let's not get hung up on 242 or on formulas, let's worry about what happens next.' " American officials took some encouragement from one Dayan admission: Israel now recognizes that Egyptian President Anwar Sadat cannot be expected...

Author: /time Magazine | Title: MIDDLE EAST: PlaneTalk on Capitol Hill | 5/8/1978 | See Source »

...phrase recognizing the Palestinians' "right to participation in the determination of their own future," but it still rejects such phrases as "Palestinian problem in all its aspects" or "legitimate rights of the Palestinian people" on the ground that such words imply a Palestinian state on the West Bank−a concept that is anathema to Jerusalem. All in all, the two sides remained uncomfortably far apart...

Author: /time Magazine | Title: MIDDLE EAST: PlaneTalk on Capitol Hill | 5/8/1978 | See Source »

Unrest is on the increase on the Israeli-occupied West Bank, with terrorist incidents leading to arrests and crackdowns. But this, like the diplomatic pressure Israel is facing, only seems to polarize the nation further. At the Wailing Wall last week, the ardently nationalist Gush Emunim held a rally and declared the founding of a new Jewish settlement on the West Bank at Karnei Shomron. The settlement had actually been started in January, but the rally was the Gush Emunim's way of proclaiming that settlement is continuing on the West Bank. Significantly, the Premier's office made...

Author: /time Magazine | Title: MIDDLE EAST: PlaneTalk on Capitol Hill | 5/8/1978 | See Source »

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