Word: european-american
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...German-American relations: I believe that in the course of the past few years European-American relations have been defined too much in a military way. Of course it is important to talk about missiles. It is also important to count arms. However, NATO is in the first place a community of ideas, not a community of arms. As a matter of fact, the community of arms is there to defend the community of ideas. The important point is that we have common ideas regarding human rights, civil rights, our moral values, our moral laws. These have to be defended...
...setback to raise again what has by now become a litany of complaints about the shuttle program: it is too expensive-nearly a third higher than the original estimate. It is military oriented. Above all, it drains money away from such scientifically important unmanned space projects as the joint European-American mission over the poles of the sun and the once-in-a-lifetime probe of Halley's comet. Democratic Senator William Proxmire, long a foe, noted, "I've never seen so much hype in my life. We're launching a truck into space, and everybody keeps...
Curiosity ran high in many parts of the U.S., jamming switchboards of precious-metals dealers and brokerages offering the metal. But actual sales were slow. During the first two days of trading, not a single sale was made in any of European-American Bank's 104 branches in the New York City area. Trading was brisk on half a dozen U.S. commodity exchanges, where gold-futures contracts were being traded along with futures for frozen pork bellies, hogs, cattle and eggs. In the first half-hour of frenzied trading at Chicago's Mercantile Exchange, dealers bought and sold...
...insurance activities, as distinct from its examination responsibilities, are designed to minimize the impact of bank failure on depositors. FDIC performed that function as receiver of Franklin National Bank by arranging the transfer of all Franklin's deposit liabilities, all its offices and about half its assets to European-American Bank & Trust Company...
Corporate Accounts. When that plan seemed totally unworkable, the FDIC Invited the four takeover finalists to submit bids. European-American's officers, who had previously served mostly U.S. corporate accounts, were eager to break into such areas as home mortgage loans and checking and savings accounts via Franklin National; they also wanted the lucrative Long Island market. They offered $125 million for Franklin's assets, topping the nearest bid from Manufacturers Hanover by several million dollars. By the time Franklin National's doors opened the next morning, "EA" signs were on the windows...