Word: dm
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...White Hotel, DM. Thomas...
...West German banks are major lenders to Poland and would lose upward of $5 billion if that economically troubled nation defaulted on its loans. In this world turned upside down, the two strongest currencies are the Japanese yen and the British pound. Both have risen dramatically against the DM as well as the dollar, but for different reasons. With 2% unemployment, 6.9% inflation and projected growth of 5.3% in 1981, Japan's economy is far and away the industrial world's healthiest. Bankers believe that in view of this, the yen will continue to climb in value...
...DM-ESCA...
...Ernst Wolf Mommsen, 68, West German industrialist and former aide to Chancellor Helmut Schmidt; of a heart attack; in Düsseldorf. A successful 25-year veteran of the Ruhr steel business, Mommsen in 1970 joined then Defense Minister Schmidt as his state secretary, with a salary of 1 DM (54?) a year, and two years later followed Schmidt to the Department of Economics and Finance. Mommsen was appointed in 1973 chairman of the board of Krupp, West Germany's faltering industrial colossus, and oversaw its two most profitable postwar years before retiring...
...willing to bet that if the companies whose ships were responsible for the oil spill were forced to assume the high cost of the cleanup, there would be fewer oil spills. DM. Boulay Marshfield, Mass...