Word: dresdner
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...most notorious of the arrested terrorists was Brigitte Mohnhaupt, 28, a onetime journalism student who is a suspect in the murders of both Dresdner Bank Chairman Jurgen Ponto last July and of kidnaped Industrialist Hanns-Martin Schleyer last October. Peter Boock, 26, and Sieglinde Hofmann, 33, are also suspects in the killings. Rolf Clemens Wagner, 33, was on the wanted list not only for participating in the Ponto and Schleyer atrocities, but also for the 1977 ambush murder of West German Prosecutor Siegfried Buback...
Guido Carli, the former governor of the Bank of Italy who now heads the Italian Confederation of Industry, openly forecasts "an era when private industry is no longer able to make a profit." In West Germany, Kurt Richebacher, chief economist of the Dresdner Bank, speaks of "a grave profitability crisis." In Belgium, Baron Leon Lambert, chairman of the Compagnie Bruxelles Lambert, flatly declares that European regimes are "impotent before the enormousness of the political, economic and social problems that confront...
...most likely erode faith overseas in the American Government's economic seriousness. The question is whether, after a default, the banks will have the money-and the nerve-to provide the loans U.S. business needs to fuel the economic recovery." Warned Kurt Richebacher, general manager of the influential Dresdner Bank: "Default would have a considerable impact abroad on confidence...
...that was substantially below the London free market price that morning of $173 per oz., and well under the late-December high of $197.50. Europeans were big buyers; more than half of the gold that was sold went to the New York subsidiary of West Germany's Dresdner Bank. None of the large U.S. bullion refiners and dealers even bothered to submit bids...
...goods must be judged much more skeptically. The Soviet Union can supply the West with raw materials, but most of the other Eastern European nations lack that capability." Last year he had a long talk at the Kremlin with Premier Alexei Kosygin, and the session apparently went well. Dresdner last week announced that it had applied for Soviet permission to open an office in Moscow and become the first Western bank represented there...