Word: convertibility
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Dates: during 1960-1969
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...take shape almost as soon as Maryland-born Ed Carter quit the May Co. in 1946 to join Broadway (he took a $10,000 salary cut in return for stock options). His first move was to stop construction of a small new branch, double its size (and cost) and convert it into the national prototype of regional shopping centers with ample parking, underground deliveries, competing stores in the same complex. Unable to invade the rich San Francisco market directly, Carter doubled his sales by merging with Hale Bros later bought up the Dohrmann Hotel Supply chain for its hidden asset...
...times a grandfather, Blau has been forced to surrender leadership of Jerusalem's ultra-Orthodox sect known as the Neturei Karta (Guardians of the City) for the scandal and sin of marrying shy, devout Ruth Ben-David, 45, who is not only a divorced woman but a convert from Catholicism as well...
...greatly honored if he would accept me as his wife." Blau himself was all for it, but when news of their betrothal got out, members of the Neturei Karta were horrified that he should even think of marrying a shikse (Gentile), even if she was a convert who shaved her head and kept it covered in anticipation of the marriage...
...Deuteronomy 23:2) says that no one who is "crushed or maimed in his privy parts" can marry within the congregation. This meant that he was barred from marrying a Jewess. But, added Blau triumphantly, there was no reason, according to rabbinical commentaries, why he could not wed a convert. "And God," he said proudly, "has sent me a convert...
...Last week the Federal Reserve's Martin called "a fact of financial life" the habit foreign nations have of supporting their faltering currencies with dollars. Shopkeepers in many parts of the world give generous discounts to tourists who pay in dollars. Millionaires in Latin America and other developing areas convert their own currencies into dollars?paying a high premium for the privilege?and often deposit the dollars in U.S. banks...