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...Gilt-Edged Load. Intra depositors with accounts of $77,500 or more will be paid off with stock in the new investment company; smaller depositors are to get half their money back in cash within three years, half of it as stock. The smallest (less than $3,100) Lebanese depositors have already been repaid in cash, through a total of $15.5 million in loans from the Lebanese cen tral bank...

Author: /time Magazine | Title: Banking: Rescue in Beirut | 10/20/1967 | See Source »

...long-blocked road to Intra's resurrection finally opened after British auditors found that the bank, though short of cash, was so loaded with gilt-edged investments ($217 million worth) as to be a sound long-term venture. A new Cabinet under Lebanese Prime Minister Rashid Karami fired a committee that was irreconcilably split over whether to salvage or liquidate the bank, named another that dickered with Kid der, Peabody. The key to the rescue deal was winning the consent of Intra's major creditors, notably that of Kuwaiti Prime Minister Jaber al Ahmed as Sabah, whose countrymen...

Author: /time Magazine | Title: Banking: Rescue in Beirut | 10/20/1967 | See Source »

...Queen of Buganda, who stayed behind when Freddie fled, to $70,500 for the Omukama of Bunyoro. Obote has confiscated, however, most of the splendid trappings of royalty. He sent a dump truck to cart off the Omugabe of Ankole's throne, his velvet ceremonial robes, his gilt crowns and his fat royal drums of buckskin. Last week the aging, potbellied Omukama of Bunyoro watched sadly as his regalia of silken robes and black ostrich-feather headdresses were taken away to be mothballed in the basement of a government building. With baggage packed, he now waits to move...

Author: /time Magazine | Title: Uganda: Tough Shepherd | 10/13/1967 | See Source »

Françoise Mallet-Joris writes in the tradition of Émile Zola. Her plots are complex and thickly populated, and her characters move up and down through the floors of French society like a gilt-and-glass Parisian elevator-and, often, at about the same speed...

Author: /time Magazine | Title: Books: On the Road | 7/21/1967 | See Source »

...ONLY LIVE TWICE. Sean Connery is back as Agent 007, this time blowing up a S.P.E.C.T.R.E. haunt hidden in the cra ter of a Japanese volcano. But the Bonds -which have grossed $125 million to date -are beginning to tarnish a bit around their gilt edges...

Author: /time Magazine | Title: Time Listings: Jul. 14, 1967 | 7/14/1967 | See Source »

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