Word: bankes
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Dates: during 1970-1979
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Charges of torture and rising West Bank tensions...
...Jerusalem's part not without a certain amount of rancor. Reason: in an annual report to Congress on the state of human rights around the world, Vance's State Department alluded guardedly to reports of "systematic" mistreatment of Arab security suspects from the occupied West Bank and Gaza. Although the department declined to endorse the charges, it concluded that "the accumulation of reports, some from credible sources, makes it appear that instances of mistreatment have occurred." Israeli officials vehemently denied the accusations...
Harold Burton, assistant vice president of the Bank of America, said more lower-level executive positions will be opening up for blacks in the next five years...
Southwest Bank in St. Louis is no financial leviathan, but its starchy chairman, Isaac Long, 79, likes to throw his weight around when it comes to interest rates. In 1974 Long's bank (assets: $150 million) became the first in the nation to cut rates after nearly a year of steady increases. Last week he was out in front again. He chopped Southwest's prime lending rate to its most credit-worthy borrowers a quarter-point, to 11.5%, touching off speculation that a climb of almost two years in the prime might soon...
...fact, for many Americans, today's high rates have become a bonanza. The reason: since June, banks have been offering money market certificates. These are six-month time deposits that pay interest equal to-or when sold by a savings and loan, a quarter-point better than -what the Government has to offer to sell its six-month Treasury bills. And while regular bank certificates of deposit normally cannot be had for under $100,000, MMCs sell for as little as $10,000; many people have switched their savings to them...