Word: depositing
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Dates: during 1960-1969
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That could mean anything, for as any Asian can testify, the technique of the take has infinite varieties. A stranger at the airport in Vientiane should not be startled if the customs official politely demands a 100-kip "deposit" for the transistor radio in his baggage. In the Philippines, some of the busiest businessmen are the "commuters," people who travel back and forth between Manila and Hong Kong counting on bribed customs officials to let them return with luggage loaded with wristwatches, diamonds or electronic equipment. An applicant for a government contract in New Delhi may find his documents interminably...
...that has always been more or less the case. Even ardent "segs" have enjoyed an occasional tete-a-tete with a well-dressed, soft-spoken Courier reporter. (Exception: A team of reporters covering the first civil rights demonstration in Ft. Deposit, not far from Selma, were surrounded by white mobs twice; a county voting examiner smashed an ax handle through their car windshield; and five carloads of toughs followed them out of town.) A drugstore owner in Linden bought a copy of the paper from two reporters, remarking, "Course, I make up my own mind, but I've heard from...
Dick is the straight man, Tom is the bumbling buffoon. Between skits, they sing fractured folk songs. In the middle of Michael, Row the Boat Ashore, for example, Tom will interrupt with a snigger: "Hey, Michael, you'd better get that boat back; you'll lose your deposit." Or, eyes rolling like lopsided marbles, stuttering as though his tongue were mired in sludge, he will launch a monologue that begins anywhere and goes nowhere. When Dick glowers disapprovingly, Tom bawls like a seven-year-old: "Mom always liked you best...
...second weapon is money. Croesus-rich Kuwait alone has nearly $3 billion deposited in British banks, figures that by withdrawing that much, it could topple the pound sterling. Even if the Kuwaitis switched their accounts to Swiss banks (at lower interest rates), the Swiss would simply deposit most of the money in London's City, which alone is equipped to handle the Arab world's huge deposits...
...work together," he says, "and when I'm in trouble I ask somebody, and when I'm not I don't"-Wriston helped initiate many of First National City's innovations. It was he who, with another staffer, "invented" the negotiable certificates of deposit in 1961. The CDs, as they are known, have since helped banks to recoup a lot of badly needed corporate deposits, which had been flowing into treasury bills and other short-term notes...