Word: frankfurting
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Authorities abroad closed Intra's branches in Paris, London and Frankfurt. New York's state banking superintendent seized control of the Manhattan branch to protect its depositors. When the three largest U.S. banks (Bank of America, Chase Manhattan and First National City) defied the superintendent's demand to turn over $2,529,000 of Intra deposits-on the ground that the defunct bank owed them more than that elsewhere-he sued for the money. Some bankers fear that this wrangle could lead to retaliation against U.S. banks abroad...
...butchers didn't like it, other Germans did, and Neckermann is shipping out pig-halves at the rate of 600 a day from his Frankfurt headquarters...
...Boss," as he is known to his employees, spends ten or more hours a day in his Frankfurt office, decides everything down to the price of a handkerchief. Just about his only diversion is horseback riding, which he does so well that he won the world dressage championship in Bern last summer. Although the firm's shares are sold publicly-and will be listed this week on German stock exchanges-Neckermann and his family own 51.8% of the stock, and there are no other big shareholders...
...20th century, the word would probably be "Auschwitz." Of the 6,000,000 Jews murdered during World War II nearly half died in that concentration camp in southern Poland. Peter Weiss, who authored last season's Marat Sade, has now edited the court records of the Frankfurt atrocity trials of 1964 and 1965, at which those who ran Auschwitz were the defendants. He has put together a catalogue of horrors...
When Clay agreed to fight Mildenberger last week in Frankfurt, the first thing he insisted on was an impartial non-German referee. That point won, the fight figured to be a cinch. Bookies made Cassius a l-to-10 favorite, and even the promoters-with a fat TV contract in the bag-made little effort to build up the German as a challenger. "Do you think our Karl has a chance?" a Frankfurt cab driver asked one of the promoters. Sighed his passenger: "To live...