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Word: depositer (lookup in dictionary) (lookup stats)
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...best heist movies ever made. The hoods-police estimate that ten people were involved-had used five tons of excavation and safecracking equipment to get at an estimated $10 million in currency and valuables stored in nine safes and 317 of the bank's 4,000 safe deposit boxes. Awed French cops, when they arrived at the scene of the crime, thought it might be the biggest bank break-in ever, easily surpassing the accepted previous record: $4.3 million stolen from Purolator Security Inc. in Chicago...

Author: /time Magazine | Title: FRANCE: Bank Heist of the Century | 8/2/1976 | See Source »

...five-ton safe that stood in their way. Then, with their six torches, they attacked the strongroom safes. Among the spoils they found were the entire weekend receipts from Nice's biggest department stores and the bank's ready cash for the following week. In the safe deposit boxes they discovered the items that might be expected on the French Riviera: gold, silver, jewelry, bonds, rare stamps and paintings. At least one box contained a portfolio of hardest-core pornographic photos, which the looters, in evident appreciation, decoratively pasted on the vault walls...

Author: /time Magazine | Title: FRANCE: Bank Heist of the Century | 8/2/1976 | See Source »

...drop will cost it at least $200 million in potential export earnings this year, worsening an already serious balance of payments deficit (running at about $1.9 billion on current account this year). Last week South Africa moved to cut imports; beginning Aug. 2, the government will require importers to deposit 20% of the price of certain foreign goods with the treasury for six months, at no interest. The unemployment rate among the nation's black workers has already hit 20%; layoffs at the gold mines-which for the moment are maintaining employment-would make it even worse. The joblessness...

Author: /time Magazine | Title: MONEY: The Great Gold Bust | 8/2/1976 | See Source »

...slim chance that the D.C. Department of Insurance may exercise its legal right to take over management of GEICO, though Wallach has not yet suggested it. Whatever happens, the fiasco could well rekindle congressional interest in setting up a federal body to insure insurers the way the Federal Deposit Insurance Corp. guarantees the safety of bank deposits. Efforts to set up such a backstopping scheme have never made much headway, but the largest failure in insurance history-or even a cliff-hanging escape-would dramatize the need as nothing else has done...

Author: /time Magazine | Title: INSURANCE: GEICO at the Brink | 7/19/1976 | See Source »

...school down and everybody would have to go out and dig sugar beets or potatoes. Later, when I had a job, I only made eight kronen [$1.12] per hour, and if you wanted a car, it cost 20,000 kronen. And you had to put the money on deposit for maybe three years, and then you might get a car ?but a Russian car, like a Moskvich. It was their country...

Author: /time Magazine | Title: The Nation: The New Immigrants: Still the Promised Land | 7/5/1976 | See Source »

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