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...Africa's support for U.S. aid, Shultz has argued that open U.S. aid would jeopardize relations with black African nations and compromise the neutral American role in persuading South Africa to withdraw from Namibia, the former territory of South West Africa that borders Angola. Assistant Secretary of State Chester Crocker has been pursuing a diplomatic solution that would consist of a Cuban withdrawal from Angola in return for a South African withdrawal from Namibia. Afterward, Savimbi could attempt to pressure the M.P.L.A. to hold the free elections that he says he wants...

Author: /time Magazine | Title: Red Carpet for an African Rebel | 2/10/1986 | See Source »

Savimbi and his U.S. supporters point out that after five years of talks, none of these goals have been accomplished. Crocker, Savimbi says, "goes to Luanda (Angola's capital), but Luanda does not give him anything. They keep talking because they are aiming at the three years left to President Reagan. If we keep talking for the next three years, the M.P.L.A. will have...

Author: /time Magazine | Title: Red Carpet for an African Rebel | 2/10/1986 | See Source »

Other highlights last night included the prsentation of the Frederick Greeley Crocker Award for the team's most valuable player to senior safety Cecil Cox, and the presentation of the William Paine LaCroix Trophy for sportsmanship, loyalty, and team spirit to senior fullback Chris Ridout...

Author: NO WRITER ATTRIBUTED | Title: Collins Named Captain | 11/26/1985 | See Source »

According to the Treasury Department, the biggest laundry in San Francisco handles neither shirts nor sheets. Last week, Treasury fined Crocker National Bank $2.25 million for "extensive noncompliance" with the Bank Secrecy Act, which requires financial institutions to report cash transactions over $10,000. John Walker, the Treasury enforcement chief, said that San Francisco-based Crocker failed to notify the Government of 7,877 cash deals worth $3.9 billion between 1980 and 1984. Most of them were transfers of U.S. currency from six banks in Hong Kong...

Author: /time Magazine | Title: Banking: Record Fine for Crocker | 9/9/1985 | See Source »

...Crocker joins a growing list of banks fined for violating federal rules. The Bank of Boston had to pay $500,000 last February for failing to report $1.22 billion in transfers. In June four large New York banks were given penalties totaling $1.2 million. Some 60 banks are still under Treasury investigation for possible violations. Said Walker: "I urge you to stay tuned...

Author: /time Magazine | Title: Banking: Record Fine for Crocker | 9/9/1985 | See Source »

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