Word: clausen
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Dates: during 1970-1979
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...subcommitte on Foreign Languages and Cultures recommended the Core program offer two to three courses on African culture under the heading of Foreign Languages and Cultures, Wendell V. Clausen, member of the subcommittee and professor in Greek and Latin, said yesterday...
...progressive businessman, preferably a Democrat (which Miller is). A list of a dozen names was drawn up; eventually it was pared to five. On it were Du Pont Chairman Irving Shapiro, General Electric Chairman Reginald Jones, Brookings Institution Chief Bruce MacLaury and Bank of America President A.W. Clausen, in addition to Miller. Washington rumor has it that Shapiro, Jones and Clausen turned down...
There are indications that the bank's officers were divided on how open to be. President A.W. Clausen appointed a task force that was supposed to draft the code in six months; it took ten months. Says Executive Vice President Leland Prussia: "We really did plunge into some icy waters." On balance, the bank emerged with a code that is a welcome step away from needless secrecy...
...caution extends beyond loan policy. Most bank managers have ceased, at least temporarily, their ardent pursuit of the Great God Growth. Expansion in the U.S. and abroad and diversification into other businesses have drastically slowed at almost all banks. As far back as a year ago, A.W. Clausen, head of Bank of America, warned his fellow bankers: "Recent rates of growth can be sustained only at a possible risk of eroding future strength and stability." Now J. Richard Fredericks, a bank analyst in San Francisco, puts it more pithily: "Gogo banking...
...poor countries insist that they should get a disproportionate share of S.D.R.s as a form of aid. To the extreme annoyance of U.S. Treasury Secretary George Shultz, Alden W. Clausen, head of the Bank of America, backed this position in a speech. Almost alone...