Word: citicorp
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Minnie's recipes won several awards, and Demarest has continued with his defensive cooking. Like any active chef, Demarest keeps several pots boiling at once, and that goes for his writing too. With reporting from Georgia Harbison, he confected the three-page story on Manhattan's new Citicorp Center in the Environment section...
...even more importantly, by size of annual income. In this environment of good business thinkers, where ideologies are modified by practical considerations, homosexuality is viewed by homosexuals as a financial liability. A student openly and actively gay is going to have a harder time getting into law school or Citicorp or city government. Or so they think. They must try first. Others, openly gay, have achieved their goals. If people make decisions based on precedent, then we homosexuals must produce precedents. Gay rights and the attitudes of the public toward homosexuality will not be improved by the homosexual who feigns...
...order. University officials are fond of saying that a large part of the $2 million Harvard pays now is "voluntary," but such claims represent mere semantic distinctions. Of the three projects on which officials say Harvard makes some payment to the city, one is a housing project financed by Citicorp and therefore not legally tax-exempt. Another is a housing project on which Harvard agreed to make in-lieu-of-tax payments in return for a zoning code exemption. The largest part of what the University pays will ultimately derive from a similar package granting a zoning exemption in return...
...required payments are all made on a housing development financed by Citicorp, a large private banking firm. The voluntary payments are made on an energy plant project and a housing development. Harvard chose to commit itself to making those payments in return for city zoning exemptions that made the construction possible, Robin Schmidt, vice president for government and community affairs, said this week...
Banks: U.S. banks and financiers play a key role in furthering investment in South Africa, providing advice and capital for U.S. corporations there. Recently, U.S. finance companies have organized huge loans to the South African regime. The Rockefeller banks, Chase Manhattan and Citicorp have been most active in this area; but Manufacturers Hanover, Morgan Guaranty and Kidder Peabody also play an important role. Between 1974 and 1976, Manufacturers Hanover participated in at least $730 million in loans to the South African regime and state-owned corporations. Morgan Guaranty participated in at least $490 million in loans to the regime...