Word: chases
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Dates: during 1960-1969
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Where Credit Is Due. This troika, powered by loans from the Chase Manhattan and other banks, has bought up or signed exclusive contracts with 500 jobbers. Those who hitch to Bluhdorn's wagon get several advantages: G. & W. gives them national advertising, marketing advice and long-term credits. Most important, it sells wholesale parts made by other manufacturers as well as its own, and promises overnight delivery...
Ever since he arrived in Washington 17 years ago as the brash junior Senator from Minnesota, Hubert Humphrey has been happy as a clam in his modest, $40,000 home at 3216 Coquelin Terrace in suburban Chevy Chase, Md. So has his wife Muriel. For both, the place has a strong sentimental attachment. Their children's footprints are set in the sidewalk. Muriel takes great pride in a bedroom that she has converted into a sewing room. Hubert liked to relax after a hard day in the Senate by donning an apron and sweeping the halls...
...billion), and ventured into such sidelines as equipment-leasing and factoring, a fairly risky form of finance in which loans are made against accounts receivable. Such expansion and diversification enabled Manhattan's 153-year-old First National City Bank last June to pass its archrival, the Chase Manhattan, and become the nation's second largest bank. With assets of $13.8 billion, it now ranks behind only California's Bank of America, which has $15.9 billion...
Respect in Russia. The two big figures in Citibank's success are Chairman James Stillman Rockefeller-grand-nephew of John D. Rockefeller Sr., third cousin to Chase Manhattan President David Rockefeller-and President George S. Moore. Chief Executive Rockefeller, 63, theoretically presides over high policy, while Moore, 60, runs day-to-day operations such as the bank's highly respected monthly Economic Review (circ.: 350,000). In fact, both men take turns running the bank-and supervising its 184 vice presidents-because each of them spends about half of his time on business trips. Between them, Moore...
...Kuala Lumpur. At home, it has blanketed New York City and suburbs with 151 branches, fully exploiting its status as the city's only nationally chartered bank, thus being exempt from New York State's strict limits on branching. Hoping to catch up with Citibank, stockholders of Chase Manhattan last week voted to switch to a national charter...