Word: gianninis
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Dates: during 1960-1969
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...history of California's business enterprise reads almost like a parody of a chamber-of-commerce oration. In 1904 an immigrant's son, Amadeo Peter Giannini, founded a poor man's bank in a San Francisco saloon. Today the Bank of America is the world's largest, with assets of $25 billion, 952 Stateside branches and 94 overseas, and a creditcard system used by 25 million worldwide subscribers. Another poor boy. Charles B. ("Tex") Thornton, who started out as a government clerk, is one of the pioneers of the conglomerates with his Litton Industries. It was California that sent...
...from 1955 to 1965 of the Bank of America, the world's largest bank, an indefatigable economist specializing in agricultural financing who was director of the Commodity Credit Corp. for six years during the Depression, was lured to "the bank for little people" by then President L. M. Giannini in 1939, and helped boost B.O.A.'s assets from $2 billion to $16 billion while acting as an agricultural adviser to five Presidents, including Dwight Eisenhower, whose farm programs he helped formulate in 1953; of arteriosclerosis; in San Francisco...
Amadeo P. Giannini Bank of America
Transamerica was set up in 1928 by A. P. Giannini as a vehicle to expand his California-dominating Bank of America across the U.S. The company beat an antitrust suit in court, but Giannini later decided to divorce Transamerica from the bank anyway. By 1956, the separated company had built itself into a holding company that controlled 23 banks in eleven Western states, had also spread out into insurance and a few other fields. Congress ended all that with a law (aimed particularly at Transamerica) that forced the company either to get out of banking or cease all its other...
...such esoteric questions as whether 24 or 26 pupils were the best size for an elementary class. Today, 60% of the research is performed by experts outside education. Anthropologists Margaret Mead and Stanley Diamond, for example, are studying the culture patterns of slum schools. New York Composer Vittorio Giannini is developing a new music curriculum. Biographer Mark Schorer is looking for new techniques in teaching literature. Nobel Laureate William Shockley is exploring computer-programmed instruction. Keppel's office has ordered 28 studies alone on a single question: How do first-graders learn to read...