Word: bankes
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Dates: during 1970-1979
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...will raise the rent that it currently pays to Panama from $2.3 million to $10 million a year and will add another $10 million from canal revenues, business permitting. Panama will also be advanced a $200 million loan from the Export-Import Bank, a $75 million loan for housing investment and $20 million to start a Panamanian development bank. The two nations are also negotiating a military-assistance program...
Without even a building to call its own, ;he Comptroller of the Currency's office is a federal backwater, responsible only for the important but dull job of regulating the 4,600 national banks. Suddenly, the comptroller's quarters at the L'Enfant Plaza hotel are among the busiest in Washington, as U.S. bank examiners press their potentially explosive investigation of Bert Lance's financial affairs. The comptroller's lengthy report is due soon, perhaps this week, and could save or squash the powerful budget director, who is Jimmy Carter's old pal, former...
Couriers hustle to the comptroller's office with confidential records shipped from the banks that figure in the investigation, notably Chicago's First National, New York's Manufacturers Hanover Trust and Atlanta's National Bank of Georgia. Some 30 bank examiners and half a dozen lawyers so far have pored over more than 5,000 pages of documents. At night, guards patrol the offices to prevent any theft or tampering with evidence. Some portions of the report were being written last week, but the bulk of the investigation was still being pursued, under the direction...
...number of American corporations are feeling the presence of | executives in their thirties who, having been schooled in '60s virtues, want more openness and disclosure in business, more debate before making decisions, more flexibility in personal and professional styles. Says Stephen McLin, 30, a vice president for the Bank of America (an outfit some incendiary radicals kept trying to burn down about seven years ago): "The impact of this generation will be felt. But the time isn't now. It's coming in about four or five years...
...dropped in the hamper a slightly used Pamper and went out for a walk in the street. O Nicholas Ochs walked blocks and blocks till his socks grew dark and dank. When he came to a stop and sat with a plop at the keys of the Times Data Bank...