Word: deposited
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Dates: during 1970-1979
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FDIC'S insurance activities, as distinct from its examination responsibilities, are designed to minimize the impact of bank failure on depositors. FDIC performed that function as receiver of Franklin National Bank by arranging the transfer of all Franklin's deposit liabilities, all its offices and about half its assets to European-American Bank & Trust Company...
...Federal Deposit Insurance Corporation...
Meanwhile, Comptroller Smith had been observing the troubles of the beleaguered bank and had alerted the Federal Deposit Insurance Corp. to try to arrange a Government-assisted purchase of Franklin. The FDIC began negotiations with some 16 banks. Finally four of them-First National City Bank, Chemical Bank, Manufacturers Hanover Trust Co. and European-American -offered bids. Franklin National, in turn, waged a last-ditch campaign to remain an independent but smaller institution by retreating to Long Island...
...Nightingale across the river, is still a novelty--therefore to be avoided. Prescriptions are seldom followed and infant mortality is high. Several times a week, the familiar orange helicopter from the hospital at Blanc Sablon, the border town between Quebec and Labrador, lands on the riverbank to collect and deposit patients on the orders of the nurse. It is not unusual for parents to try to convince her that healthy babies are in fact sick, thereby placing the child in the hands of the hospital and reducing the burden of extra dependents until the child is old enough to contribute...
...euchred out of their ownership of what may be the world's richest ruby mine by some well-connected Kenyans. It all started about a year ago, when John M. Saul, 37, and his partner Elliot ("Tim") Miller discovered in Kenya's Tsavo West National Park a deposit of rubies that was later estimated to be worth at least $5 million. Saul and Miller got a fully legal permit to develop their find. Figuring local participation would ease their way, they shrewdly offered 51% of the deal to a group of high-ranking Kenyans, including Vice President Daniel...