Word: businessman
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Dates: during 1960-1969
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Heller gets his own money through regular banking channels at an average interest rate of 5^¼%, charges 12% interest for his loans. Some bankers consider the rate outrageous, but Heller's customers rarely complain. Says a Minnesota businessman now negotiating a Heller loan: "The bank interest, when you consider everything, works out to 8% or 9%, and you have to keep a big balance in the bank, on which you get no credit or interest. For the service Heller performs, his rates are not unreasonable. And we don't have to call Mr. Heller...
...money?" but "How can we lend this man money?" Tough and opinionated in sizing, up a deal, Heller nonetheless pushed his company ahead by treating many a nervous corporation head as a person instead of a risk. He often turns down a borrower with a sharp "nonsense" before the businessman has even finished making his case. Yet he also startles businessmen by granting them huge loans over the telephone-and telling them to work out the details later...
...declared he. "Under the guise of lyrics appear the cries of the weak man complaining of his own private life." After the meeting, one of Kabalevsky's colleagues, Composer Aram (Sabre Dance) Khachaturian, whose music is anything but self-piteous, winged to the U.S., looked like any tired businessman when he landed in New York City on his way to conduct some concerts in Havana...
Last week Greenleaf signed a new contract to provide Beirut's airport restaurant with 750,000 fresh eggs a year. A British contractor asked Greenleaf to set up a vast poultry farm in Libya (on a percentage basis). A businessman in Saudi Arabia, anxious to furnish Mecca with fresh eggs, offered Greenleaf a similar contract. At a subsidiary farm near Shiraz, Iran, Greenleaf stepped up production to supply Iran's egg market. This week Greenleaf also made its first shipment of eggs to Aramco in Saudi Arabia, which now imports them from Australia. Predicted Stevenson: in 1960 Greenleaf...
...rough beast, its hour come round at last, / Slouches towards Bethlehem to be born." But things, it seems, are neither so bad, nor so good, nor so interesting. According to the researches of U.S. Economist David Granick, Soviet Russia's new man is a devoutly respectable, ulcer-prone businessman with a close resemblance to George F. Babbitt, of Zenith, U.S.A...