Word: frankfurts
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Determined to paddle his own canoe in the West, Vladas Cesiunas, 39, slipped away from a Soviet sports team at Frankfurt airport in August, while en route to the World Canoe Championships in Duisburg. A gold medal winner in the 1972 Olympics, the Soviet canoeing star was quickly granted political asylum in West Germany, and thus became the first of the well-known Soviet sport and dance personalities who have defected to the West in the past two months, a group that includes Bolshoi Ballet Star Alexander Godunov and Skaters Oleg Protopopov and Ludmila Belousova...
BROADER DOLLAR PROPPING. Until now, in their efforts to keep the dollar from falling too sharply against the muscular mark, the U.S. and West German central banks have confined their buck-bolstering efforts mainly to the New York and Frankfurt markets. Now they have agreed to intervene in all financial centers. Reason: the world money markets have become so sensitive and intertwined that a drop in, say, Hong Kong ripples rapidly throughout the world...
...holiday, to provide better cover, I would leave Washington on one of the presidential fleet of Boeing 707s. It would land at Avord, a French air force base in central France. My plane would touch down just long enough to let me off; it would then proceed to Frankfurt's Rhein-Main Airport. I would have transferred meanwhile to a Mystère 20 executive jet belonging to President Pompidou for the flight to Villacoublay Airport, a field for private airplanes near Paris...
...impending arrival, much less of our mission or predicament. Fortunately, we established contact from the airplane with General Vernon Walters, our defense attache in Paris, in a radio hookup through Washington. Walters went to the Elysee Palace, where President Pompidou himself authorized his jet to meet my plane in Frankfurt...
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...