Word: businessmen
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Dates: during 1970-1979
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...state senator named Jimmy Carter asked Lance to help out in his long-shot campaign to win the Democratic nomination for Governor. The two men got along from the start. Lance rallied some businessmen to Carter's losing cause and helped out even more in 1970, when the audaciously ambitious man from Plains did reach the statehouse. Carter first made Lance head of the inefficient, patronage-ridden state highway department, which the banker cleaned up and streamlined. Then Carter put Lance in charge of his successful struggle to wheedle a stubborn legislature into passing his governmental reforms...
...bank's opening up correspondent accounts and Lance's getting personal loans and believe the sequence was coincidental." Added a New York banker: "The use of compensating balances to buy favors for yourself is a rotten practice but very common"-and one that is frequently employed by businessmen as well as bankers. In a typical case, a New York bank lent $125,000 to a company's treasurer, accepting stock worth almost $70 a share as collateral...
...local foundation and the National Endowment for the Arts. But Hartford citizens could not be more angry if they had paid for it themselves. Snapped Mayor George Athanson: "You call that a sculpture? I could have done that." Residents condemned the boulders as "a public nuisance"; businessmen protested that they could become hiding places for muggers and targets for graffiti addicts. One citizen suggested the city return the rocks and consider his $99.95 offer for the junk in his basement, including "one used potty-chair, a tricycle with no handle bars, one broken ski, an old doorknob and six bags...
...daring, meticulously executed kidnaping was a humiliating shock to authorities. Less than two weeks before it happened, police had warned Schleyer that he might be in danger and urged him to travel with bodyguards, as an increasing number of German businessmen have been doing. Not only had police found the initials H.M. (possibly standing for Schleyer's first names) on papers in the possession of terrorists, but the industrialist was also a natural target. A director of Daimler-Benz, Schleyer also heads both the Federation of German Industries and the Confederation of German Employers-the country...
...Japanese businessmen generally viewed the program as still too little, too late. Noting that the plan must be approved by the Japanese Diet, Hirokichi Yoshiyama, president of Hitachi Ltd., said, "Its effect will not be visible" until the end of the fiscal year next March. Washington policymakers were more generous. One Treasury official described the plan as a "kick in the back" that will propel the non-Communist world's second largest economy forward. Said he with a sigh: "Now if we could only get the Germans to reflate as well...