Word: commonwealths
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Judging by his past record, that bullish view may be a trifle myopic. In 1975 Pharaon bought control of Detroit's Bank of the Commonwealth, a rickety go-go institution that had been saved from bankruptcy only by the intervention of the Federal Deposit Insurance Corporation. Despite much talk of expansion, Pharaon in 1976 sold his interest in that bank to a Paris-based company. Nonetheless, he professes great faith in the U.S. banking business. Last September he bought 20% of Houston's Main Bank, in which former Treasury Secretary John Connally is a stockholder...
Michael F. Brewer, director of government relations, said yesterday "The commonwealth has realized that university scholarship programs are of great benefit to the people of Massachusetts and so has agreed to match them...
Albert H. Whitaker, chief records analyst for the Commonwealth of Massachusetts, was present at the opening ceremony yesterday. Whitaker, who will oversee the cataloguing process, speculated that on the basis of the file headings alone, "the papers have obvious implications with relation to the case...
...president must be vigorous, politically sensitive manager with stable family life. Need not be outstanding scholar. Mammoth task will include raising academic standards, increasing the budget (currently $ 134 million) and improving the university's image. $50,300 base salary plus extras. Mansion with help; life insurance. Apply Virginia Commonwealth University...
Other speakers at the conference were Senator Paul Sarbanes (D-Md.); Clement Bejold, director of the Alternative Futures at Antioch College; Frank Keefe, director for State Planning of the Commonwealth of Massachusetts: and Peter L. Szanton '52, associate director for Organization Studies, Office of Management and Budget...