Word: cash
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Dates: during 1960-1969
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...policy was CIA. The agency institutionalized its direct financial support of N.S.A. under its PPPM (Psychological, Political and Paramilitary) program, in 1952. William Dentzer, now a U.S. AID director in Peru, was the N.S.A. president that year, and he made the deal whereby CIA would secretly funnel cash into the N.S.A. treasury through congeries of private pipelines...
...dazzling sun, sportsmen zigged and zagged lazily back down the mountain, through pine trees and leafless aspen, pausing only for a lunch of coffeecake and hot chocolate in an alpine meadow. Meanwhile, at Lancaster, N.H., the emphasis was on all-out action: 121 competitors, vying for 56 trophies and cash prizes, slammed through bone-jarring, cross-country or downhill obstacle races...
...stampede had arisen. Instead, some companies quietly began feeding deposits into Chase Manhattan, hoping thereby to pressure other banks to slice their prime rate to Chase's 5½% level. At a news conference, Chase Chairman George Champion casually noted that his bank had about $1 billion in cash and other quick assets to meet any surge in loan demand. By week's end, Chase had withstood two weeks of the split-level struggle, and many businessmen were betting that the bank would emerge the victor, thus raising its prestige in a business where prestige counts...
Long on nerve if sometimes short of cash, Italy's state-owned petroleum combine, ENI (for Ente Nazionale Idrocarburi), elbowed its way into the international petroleum business by adventurous gambles. Buying huge shipments of Soviet oil, it also offered cut-rate competition to Western oil majors for drilling and refining rights in Africa, Asia. Just over a year ago, ENI created a subsidiary, Snam Progetti,* to build refineries, pipelines and petrochemical plants-even for rivals. Quickly catching on, Progetti is now busy with $360 million of construction projects on four continents. Last week the yearling firm opened...
Author MacDonald raises the take to $800,000 in untraceable cash, and broadens the cast to include finagling financiers, tough Texas lawyers, Cuban exiles, beach boys, con men and cops. He has also invented a demented new character who holds the shipwrecked girl prisoner, thereby prolonging the story and deepening the suspense. The action ranges from Corpus Christi to Sarasota to Nassau-and everywhere MacDonald demonstrates his ability to handle complex relationships involving scads of people on a single page...