Word: germains
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...coalition strongly opposed it, and by week's end had shown so much clout that the House of Representatives was forced first to delay a vote on the increase and then to tie strings to it by adopting an amendment put forward by Banking Committee Chairman Fernand St Germain. The hastily drafted measure would tighten control over the release of funds to the IMF and discourage banks from making excessive overseas loans. The provisions should improve prospects for the increase when the House takes final action, perhaps as early as this week...
...airport, share details of the trips they have already made this year or plan to. Owners of French and Italian restaurants find that many of their patrons have deserted them for restaurants in France and Italy; Los Angeles Restaurateur Paul Bruggemans, eyeing his semi-deserted Le St. Germain, says, "Europe is the big bonanza." "We are seeing a tremendous bounce back of vacations in Europe," says Richard Roberts-Miller, president of Chicago-based Thomson Vacations, a big worldwide tour operator. "Those who haven't traveled for a couple of years are going on a binge, and the market...
...regiment's last major action, ironically, was as part of the United Nations peace-keeping force that was assigned to Lebanon in 1978. The regiment stopped patrolling in the demilitarized U.N. zone after P.L.O. forces opened fire on the regiment's outposts and ambushed its commander, Jean-Germain Salvan, wounding him seriously...
Many members of Congress, including Judiciary's Rodino and Rhode Island Democrat Fernand St Germain, the chairman of the House Banking Committee, see a disturbing connection among high interest rates, sluggish growth and the merger explosion. In the bidding battle for Conoco alone, they note, the contestants lave lined up some $20 billion in standby bank credit. Though much of the financing comes from European banks, many economists and executives contend that heavy loan demands from the merger candidates help keep the U.S. money supply tight and make it more difficult for a small business to finance new machinery...
...believe the House banking conferees would sign a budget resolution if that provision was insisted on," Jerry McMurray, an aide to Rep. Fernand J. St. Germain (D-R.I.). chairman of the housing subcommittee of his chamber's banking committee, said yesterday...