Word: gosbank
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Dates: during 1950-1959
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Jack-of-All-Trades. Bulganin's administrative talents soon caught Stalin's eye. He was-,and still is-an energetic jack-of-all-problems, in business, bureaucracy or statecraft. Knowing little about banking, he became head of the Gosbank, Soviet equivalent of the U.S. Federal Reserve. Neither chemist nor metallurgist, (serving alongside Molotov) he whipped Russian production of explosives and gun metals to record heights...
...putting down a workers' revolt in his old home town, that Stalin called him to Moscow. He knew nothing about business management, yet he ran one of the largest electrical plants in the Soviet Union; he knew next to nothing about banking but became head of the GOSBANK, the Soviet Federal Reserve. In the '30s at Stalin's order. Nikolai Bulganin. rising executive, was elected chairman of the Moscow Soviet-for six years he was in effect mayor of Moscow (his successor:Nikita Khrushchev). Bulganin traveled abroad, bringing back such improvements as a fleet of trolley buses...
...Deputy Premier Minister of War, will boss the army, navy and airforce. Son of a factory clerk, meagerly educated, joined the Bolsheviks in 1917, fought in Siberia. Afterwards turned bureaucrat-businessman. 1922, chief od Russia's largest electrical equipment plant; 1931, Mayor of Moscow; 1938, chairman of GOSBANK (Russia's Federal Reserve). In 1941, doffed his business suit, became political commissar of the armies defending Moscow, full general 1944, marshal 1947, but is primarily politician bossing army professionals. Politburo member, 1948. Small, neatly dressed, goateed, mild in manner and tone. Married a girl who worked in his electrical...
...when the Red Dean journeyed to Moscow to accept a Peace Prize from Stalin. Beaming with pride over his achievement, the dean met the wave of demands for his resignation with the announcement that he had deposited the prize money ($25,000 worth of rubles) in Moscow's Gosbank...