Word: depositer
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...disputed campaign contributions had been Baker's-not, as Bobby had testified previously, a West Coast S & L executive's. More helpful was T. Edward Morris Jr., an official of Washington's National Savings & Trust Co., who said that Kerr had made visits to his safe-deposit box, number G-302, on Oct. 22 and Nov. 5, 1962-dates on which Baker, according to his earlier testimony, had turned money over to Kerr...
...weeks ago, most Manhattan banks shaved the rate that is paid to savers on large certificates of deposit from 51% to 51%. Last week that rate fell to 51%. One result is that savings again are flooding into savings and loan associations, the No. 1 source of mortgage money (which is also growing cheaper...
...high and that we aim at a generally lower structure of rates." Despite its apparent desire to ease interest rates further, the U.S. Federal Reserve cannot just turn on the spigot unless there is comparable action abroad. At least $2 billion of interest-sensitive Eurodollars-U.S. dollars on deposit in foreign banks-poured back into the U.S. last year. If falling U.S. rates reverse that flow, it would deepen the already worrisome U.S. balance of payments deficit, putting further strains on the dollar abroad. Similarly, the British dared only a cautious cut in rates to help stagnating industry lest...
When the space problem arose in the 30's, a study was made that eventually resulted in the construction of Houghton, the New England Deposit Library, and Lamont...
...Bobby Baker had indeed turned over all the "political contributions" to Kerr, what did the Senator do with them? In his opening statement, Defense Attorney Williams said that when Kerr's Washington safe deposit box was opened following his death, it yielded "an equivalent sum to what had been turned over to him" by Baker. Without specifying that amount, Williams declared that Baker "did not commit theft from the savings and loan executives." Government attorneys this week will try to shake Baker's story under crossexamination. Whatever the outcome, his testimony will only becloud the memory...