Word: bankes
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Dates: during 1970-1979
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Although B & G's dominion does not include all of Cambridge, our fair city has discovered an effective means of stifling the spread of Whiffleball. Construction workers perform their own rites of spring each year when they rip up the bank of the Charles River in time to suffocate joggers and sundry athletes who dare to brave the dust and fumes of Memorial Drive...
...during the recent peace negotiations, there are sign that Jerusalem may be moving toward a more flexible position. Six weeks ago, Begin shocked the Carter Administration by declaring that U.N. Resolution 242-which, among other things, calls for Israeli withdrawal from occupied territories-did not apply to the West Bank. At week's end Foreign Minister Moshe Dayan announced that his government now "regards 242 as the only basis for negotiations" leading to a peace treaty with its neighbors, including Jordan. The Israelis were clearly implying that a subtle change in policy had taken place, but U.S. officials were...
Whether that will ease-or aggravate-critics' concerns about Government intrusion, though, remains to be seen. Last week, a panel of 69 distinguished businessmen and educators-including former Education Commissioner Harold Howe, Urban League Executive Director Vernon Jordan, Rockefeller Foundation President John Knowles and World Bank President Robert McNamara-issued a statement on the subject. "There is a risk that the academic freedom of our colleges and universities will one day be compromised by the unrestrained growth of the influence of Government," they warned. What will follow their manifesto remains uncertain, but educators are in a fighting mood...
...French, who may be the world's canniest people, do like to play crazy. Particularly when being fou like a fox lays a hot trail to the bank. They can be observed at their canniest-craziest at the annual showings in Paris of ready-to-wear fashions for fall and winter. The April r.t.w. cash bash is a come-lately promotion-cum-celebration that in recent years has overtaken the haute couture collections in importance, supports the high-fashion houses, and is largely responsible for drawing nearly $2 billion a year into the French economy. This year...
...portfolio benefits from having several different firms, with presumably different investment strategies, making decions. The independence of the smaller firms can cause problems, however, as when Mackay Shields, a New York investment company, bought $800,000 worth of stock in Citibank and Manufacturers Hanover Trust in 1976. The two banks are among the handful of major U.S. banks that loan money to the South African government and help South African get loans from other countries. Shields sold the bank stock this year in the wake of campus protests over Harvard's holdings in banks giving money to the South African...