Word: bankes
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Dates: during 1970-1979
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Thomas Bertram Lance started work, after dropping out of the University of Georgia, as a $90-a-month teller at the Calhoun First National Bank, run by his wife's grandfather. Seven years later Bert Lance and his friends bought control of the bank, and the hulking (6 ft. 4 in.) country slicker from Young Harris (pop. 544) helped turn the area into a prosperous carpet center with his high-risk loans to local small businesses. He soon parlayed his bank connections into a paper empire, tried unsuccessfully to succeed his friend Jimmy Carter as Governor of Georgia, took...
Officials in Cairo insist that the country will weather the boycott. To counter the possible withdrawal of Saudi and Kuwaiti petrodollars, for example, the Central Bank reportedly will refuse to pay up. To rescue at least some of the A.O.I, arms contracts, Cairo hoped to go ahead with independent Egyptian production of military Jeeps designed by American Motors and Swingfire antitank missiles manufactured under British license...
Mostly, Egypt has been banking on the $3 billion in aid it expects from the U.S., West Germany, Japan and the World Bank. Cairo officials insist that their country can remain solvent enough to maintain the huge food subsidies that are essential to Egypt's internal stability. "There is no chance we will face food riots like those of January 1977," a government economist said confidently. But with 30% inflation, a population explosion (2.58% annual birthrate) and limited foreign exchange, Egypt could still suffer severe economic damage from an intensified or even prolonged boycott...
...economists' forecasts, which are strikingly similar for a group with such diverse philosophical views, call for a mild recession to begin in the summer. It is even possible that a recession has already begun. More likely, notes Beryl Sprinkel, executive vice president of Chicago's Harris Bank, "the economy is slowing in a pattern that is typical of a prerecession peak...
...nearby cardiologist, who then refers the patient to a tertiary center like Duke. He's evaluated by a clinical cardiologist, then goes to a group of diagnostic laboratory cardiologists and radiologists. If the patient is to be operated on, the surgeons, the anesthesiologist, the pump team, the blood bank in the institution that feeds the pump are involved. The patient goes to a special recovery room with specially trained people to watch him. He's there five days with round-the-clock care. He goes to a rehabilitation unit for the rest of his recovery...