Word: chases
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Dates: during 1970-1979
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...service loan-seeking Communists, several American banks have opened offices in Eastern Europe. Bank of America, Citibank and Chase Manhattan have all gone into Moscow. Manufacturers Hanover Trust has an office in Bucharest, and First National Bank of Chicago has one in Warsaw. The business has been lucrative. Commissions and miscellaneous fees can add up to $2 million on a $200 million loan-and that does not count later collections of interest. In addition, Communist countries have a good record of paying debts promptly. Says one American banker: "There is a lot of merit in lending to a stable, centralized...
...Douglas Kiker fought his way to Betty Ford in a dead heat with CBS's Sylvia Chase, but gracefully let her go first. Even NBC'S Pettit, a raging bull at Madison Square Garden last month, was a model of courtliness, standing by patiently while Mudd of CBS beat him to an interview with former Missouri Representative Thomas Curtis. "The kind of abrasiveness that was customary and sometimes necessary in 1968 is out of place now," explained Dan Rather. "We're a little cooler headed...
...dinner table of their white brick home in Chevy Chase, Md., Charles Mathias and his wife Ann were talking about an unhappy afternoon that he had just spent in the Senate. The President had moved to weaken the food stamp program, which Mathias strongly supported. His wife, who is not easily rattled, closed her fist on the table and said: "How much longer can we go on like this? Wouldn't it be better if we changed parties...
...Alfredo Stroessner this year reportedly launched a new wave of political arrests involving several hundred people; it is the third such wave since late 1974. Witnesses to conditions in Paraguay's primitive jails claim that detainees are regularly tortured. One recent victim was internationally known Anthropologist Miguel Chase Sardi, who was released in June after seven months in prison. Chase Sardi says he was drugged, beaten and dipped upside down in water to the point where his hearing may have been permanently damaged. Other methods of torture include electric shock, the extraction of fingernails and forcing a prisoner...
Wall Street analysts have their doubts. They feel they have been misled in the past by the Chase's overly optimistic forecasts and are watching for a solid indicator. That indicator will come, they believe, when the Chase begins to make lower provisions in its income statement for bad loans; total loss estimates could reach $300 million for 1976. Until the bank starts to put more faith in its chances for repayment and starts actually collecting on its questionable loans, Wall Streeters are likely to remain skeptical about talk of a turnabout...