Word: borrower
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Dates: during 1960-1969
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Alfried Krupp met him through mutual friends in 1952. The austere and cultivated Krupp hit it off immediately with the gregarious and self-made Beitz, partly because Beitz thought Krupp wanted to borrow money from his insurance firm and was thus unawed by him. Krupp really was looking for someone to put back together his war-torn company, and offered Beitz virtually unlimited authority...
...days later, Justice Byron R. White administered the oath of office to a newly appointed Justice Department official. Quipped White: "I had to borrow this Bible-the only one left in the Supreme Court was Potter Stewart...
While most current programs have loan limits of $3,000 to $5,000, Shapiro's plan would enable a student to borrow whatever he needed to get him through college. Since tuition will doubtless continue to rise, the unacceptable alternative to a massive and flexible loan program, as Shapiro sees it, is to exclude more and more qualified students from the schools, a shortsighted and unprofitable way to invest intellectual capital. In education, current debt, individual or national, is future wealth...
...Borrow by Night. Bankers' hours are gradually becoming customers' hours; many banks now stay open as late as 6 p.m. on weekdays, and even open their doors on weekends. This week San Francisco's Golden Gate National Bank will shatter tradition by opening a downtown branch that will do business from 10 a.m. to 9 p.m. on weekdays and to 5 p.m. on Saturdays. Particularly for people who work at night and cannot get to the bank without disturbing daytime sleep, Manhattan's First National City Bank is pushing a "Dial-a-Loan" service, in which...
...World Student Bank would allow a student to borrow foreign currency to study abroad, and to repay the money in installments when he returned, in the currency of his own country. At present, even if a student has enough money to study in a foreign country, he is often unable to exchange his currency for that of the country in which he wishes to study...