Word: citicorp
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...wasn't there at the Camp David hair-down sessions, let alone when the Cabinet-level jobs were handed out, was America's premier banker, Walter Wriston. His absence was unsurprising if unfortunate because, along with being the most innovative of moneymen, the Citicorp chairman delivers outspoken opinions with a rapier tongue that belies his early career as a State Department diplomat. In a glass house 15 stories above Park Avenue, he sits at a circular desk (the better to gather aides around to chew over ideas) and, eyebrows arched and wisecracks flying, tosses out some sharp-edged...
Executives of other leasing companies were soon rushing to London to buy the new policy. San Francisco-based Itel became the biggest user, taking out 48% of all the computer policies that Lloyd's underwriters issued. The leasing companies owned by Citicorp, Chase Manhattan and Bank of America, among many other big firms, got similiar policies. In all, the 57 Lloyd's underwriting syndicates and 17 individual insurance companies that were involved in the deal wrote more than 14,000 policies covering potential claims of more than $ 1 billion...
...construction contractor who was Postmaster General under Richard Nixon, adds more chief executives to the list of Big John's supporters. Some of them: General Foods' James Ferguson, Southern Pacific's Benjamin Biaggini, H&R Block's Henry Bloch, Union Oil's Fred Hartley, Citicorp's Walter Wriston, Quaker Oats' Robert Stuart Jr., FMC Corp.'s Robert Malott, Borg-Warner's James F. Berg, Broyhill Furniture's Paul Broyhill, Textron's Joseph Collinson. Add to them presidents (Boeing Commercial Airplane's E.H. Boullioun, Occidental Petroleum's Joseph...
...collect more in taxes on petroleum imports than OPEC does when it exports the crude. Eventually, everyone stands to lose. The world's poorest countries have borrowed so much to pay for oil that their accumulated indebtedness has risen to more than $210 billion. Such major U.S. lenders as Citicorp and Chase Manhattan have huge loans out to India, Pakistan, Turkey and many other countries. Fears are rising that sooner or later some borrowers will not be able to afford even their interest payments. The threat is not simply of defaults leading to instability, but of worsening hunger and unrest...
...earns an estimated $250,000 a year from personal appearances, endorsements and royalties from souvenirs bearing his image (T shirts, ashtrays, place mats, coffee mugs). The owner of Yarborough's car is Junior Johnson, one of the roughriding pioneers of the sport, and their sponsors are Busch beer and Citicorp. Campaigning a stock car today costs as much as $1.2 million a year. Yarborough is supported by a 17-man staff, including a pit crew of seven. They not only tune the 560-plus horsepower engine of his Oldsmobile to howling perfection, but perform miracles in the pits. They have...