Word: bankes
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Dates: during 1970-1979
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After Begin presented the Israeli proposals for Sinai, the West Bank and Gaza, the Egyptian looked at his watch and announced: "I think we worked hard today. Let us take a break before lunch and make a small trip." Even the drivers and bodyguards had been given no warning of this excursion and had to scramble to their cars. Sadat ushered Begin into the front seat of a Cadillac and asked Israeli Defense Minister Ezer Weizman and Foreign Minister Moshe Dayan to climb into the back. To everyone's surprise, Sadat got behind the steering wheel...
Further, Miller has advocated some ideas that Burns never would countenance. In a signed article in Business Week in 1974, he came out for a form of credit allocation: mandatory higher interest rates on, and higher bank reserves behind, loans for low-priority purposes; lower rates on, and smaller reserves behind, high-priority loans, such as those to finance housing or small business. Conditions, of course, were different then, and Miller was not talking last week about whether he feels the same way now. He interrupted a Bahamas vacation to accept Carter's selection, made some remarks about...
...that its ideal candidate would be a progressive businessman, preferably a Democrat (which Miller is). A list of a dozen names was drawn up; eventually it was pared to five. On it were Du Pont Chairman Irving Shapiro, General Electric Chairman Reginald Jones, Brookings Institution Chief Bruce MacLaury and Bank of America President A.W. Clausen, in addition to Miller. Washington rumor has it that Shapiro, Jones and Clausen turned down...
...should be doing. Not until the end of the hour-long exchange did the President get to the point: he would not reappoint Burns, but instead would choose Bill Miller, whom Burns knows because Miller for seven years has been a director of the Boston Federal Reserve Bank...
Many associates are frankly at a loss where to place Miller. At the Boston Federal Reserve Bank, where Miller is a director, staff members last week held a meeting to brainstorm what he might do at the Fed. Says one who attended: "None of us was able to categorize Miller. Some thought he would encourage investment spending and support tax incentives to encourage productivity, but we are not sure how aggressive he will...