Word: deposited
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Dates: during 1970-1979
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...organization asked the utility to establish a "deposit in reverse," which would guarantee payment for farmers who incurred damages from the plant's operation...
Still, investigators for both the Cox staff and the Senate Watergate committee are understandably curious as to why Rebozo would allow $100,000 to languish for three years in a safe-deposit box in his Key Biscayne bank, as he claims, where he could not even collect interest on it. Moreover, one of the payments was made on the very day that Rebozo and Robert Abplanalp, apparently as a favor to the President, were concluding a deal to buy a chunk of Nixon's property in San Clemente...
...think your dismissal was linked to the investigation touching on Bebe Rebozo and the "campaign money" from Howard Hughes that he kept in a safe-deposit box for three years...
Well, I don't know that. But Herbert Kalmbach [the President's personal lawyer at the time], according to his testimony before the Senate committee, kept an even larger sum of money-left over from the 1968 Presidential campaign-in safe-deposit boxes. If you have any knowledge of mathematics, it makes you wonder, but that is Kalmbach's testimony...
This legacy contributed to an almost insurmountable problem for U.S. National. Since the risky loans totaled about $80 million more than the sum in its capital account, the bank was forced to pay higher and higher interest rates to attract the large, short-term deposits that it needed to continue operations. In recent months, the bank's managers have been buying up money on the open market in sums of $100,000 or more from corporations, labor unions and private investors eager to make the quick profits that those extraordinarily high interest rates seemed to promise. But by September...