Word: branches
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Dates: during 1980-1989
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There is no sure way to protect foreign policy from meddling and obstructionism by congressional cliques. U.S. diplomacy, however, would almost automatically become more consistent, credible and effective if Congress, at its own initiative, demonstrated discipline and bipartisanship in offering advice and consent to the Executive Branch. The new Administration, in turn, could help by being more solicitous and skillful in its liaison with Capitol Hill than has recently been the case...
...huge sums of cash. As chairman of Muhammad Ali Professional Sports (MAPS), he became almost overnight the leading big-time fight promoter. One of the members of the MAPS board of directors is Benjamin Lewis, 47, who until three weeks ago was an operations officer at a Beverly Hills branch of Wells Fargo and had authority to use the bank's computers...
Wells Fargo contends that the two men and associates illegally withdrew a total of $21 million from that Beverly Hills branch and one in Santa Monica, where MAPS had deposits. Wells Fargo officials refuse to reveal how the scheme was accomplished, except to say that it involved elaborate computer transfers of money over at least the past year into 13 accounts controlled by MAPS...
...MAPS caper was typical of the kind of embezzlement that computers make possible. Transactions that once required several signatures on a piece of paper are now carried out instantly by the use of silicon microchips. With modern communications networks, money can be sent in a moment to a bank branch in the next county or in the next country. For example, the transfer of $7.9 billion last month from American banks to the Bank of England as part of the deal to free the American hostages in Iran took less than ten minutes...
...contract, replacing one that ran out June 30, included additional 3 percent raises for merit and raises for part-time faculty members on both the Amherst and Boston campuses of UMass, Peter P. D'Errico, president of MSP, the union's Amherst branch, said yesterday...