Word: bankes
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...move that seemed designed to improve the atmosphere for Strauss's visit, Israel made two significant gestures that affected the West Bank. The first was the reopening of Bir Zeit College near Ramallah, which was closed last May because of student demonstrations in favor of the Palestine Liberation Organization. The other was the shelving of plans to put Nablus residents, including its mayor, on trial for taking part in antisettlement protests. In an effort to convince Strauss that the settlements are essential to Israel's security, Agriculture Minister Ariel Sharon took the ambassador and his wife Helen...
After his aerial inspection of the West Bank, a weary Strauss flew to Alexandria, where he met Egypt's Anwar Sadat on the manicured lawn of the President's beach-front villa at Mamura. Sadat appeared solemn and strained before their hour-long talk. But when the two later greeted newsmen, a more relaxed Sadat referred to Strauss as "Ambassador Bob." Sadat said that following his meeting this week with Begin in Alexandria, he would immediately consult with Carter and Strauss on how "to keep the momentum going in the peace process." He warned that unless there...
...Broker Peter Nottage and persuasively proposed an idea for a computer-leasing policy that the underwriters eventually accepted. Under it, if corporations or government agencies broke a lease after the obligatory noncancellation period, Lloyd's underwriters would pay the leasing company any balance due to the bank on the purchase price of the computer. With this magical policy, Christopher found it easy to persuade banks to lend him the huge sums that he needed to buy computers. The company or agency that leased the equipment agreed to make monthly payments that Christopher used to retire bank debt and turn...
Executives of other leasing companies were soon rushing to London to buy the new policy. San Francisco-based Itel became the biggest user, taking out 48% of all the computer policies that Lloyd's underwriters issued. The leasing companies owned by Citicorp, Chase Manhattan and Bank of America, among many other big firms, got similiar policies. In all, the 57 Lloyd's underwriting syndicates and 17 individual insurance companies that were involved in the deal wrote more than 14,000 policies covering potential claims of more than $ 1 billion...
...offered only a limited number of policies, competition for them grew rough. Christopher, suspecting that Lloyd's members might be ready to cut off his coverage in favor of another leasing company, arranged for the electronic bugging of a Manhattan meeting between Nottage and representatives of the Chemical Bank. Unluckily for Christopher, the expert he hired to do the job was an FBI informer. Christopher was indicted in 1976 by a federal grand jury in Manhattan and wound up pleading guilty to illegal electronic eavesdropping. He was fined $10,000 and put on probation for two years; he closed...