Word: frankfurt
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Dates: during 1970-1979
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Schreiber keeps tight control over his agents in Frankfurt, New York, London, Hong Kong and Singapore, contacting his team almost instantly to find out who is buying, where and why. Such intelligence enables the bank to be extremely precise in its own actions. Says Schreiber: "Even after we submit written bids, we usually adjust them by a few cents via Telex right down to the deadline." At the U.S. Treasury auction last month, Dresdner's bid came in just high enough to win, and a Swiss competitor's offer failed by only 20? per oz. One clear moral...
...street prices. Even though American soldiers were involved, U.S. military personnel have long ceased to be the main source of West Germany's narcotics problem. Trafficking and addiction among West Germans have been rising at alarming rates over the past two years, especially in West Berlin, Hamburg, Frankfurt and other large cities. Federal statistics indicate 43,000 known drug addicts in the country. But police estimate the real figure is twice that number. The vast majority are young Germans between the ages...
...class Jewish family in Berlin, Marcuse became a confirmed Marxist while studying at the universities of Berlin and Freiburg. In the German idealist tradition, he had abnormally high expectations for mankind and came to the conclusion that only revolution could realize them. He was a founder of the leftist Frankfurt Institute for Social Research. With the rise of Hitler, Marcuse and other members of the institute fled to the U.S., where they had a continuing impact on academic opinion...
...Interior Ministry report also disclosed that 17 people had been arrested on espionage charges last year. Most of these were suspected East German agents. Six, including Haas, were KGB operatives. A pair of Soviet agents based in Frankfurt were charged with stealing the plans for the firing mechanism of the West German Leopard 1 and Leopard 2 tanks...
...Vietnamese teen-ager spent her first days ashore maniacally screaming. More often the break is less dramatic. Once I sat through a painful conversation in which a well-meaning German explained to a Vietnamese peasant family why it simply would not be able to adjust to life in industrial Frankfurt. Previously rejected by the U.S. and Britain, the dazed father sat in silence for several minutes, then asked: 'But where...