Word: loans
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Dates: during 1950-1959
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...much more of the world than most Peronistas. After the war, he set up European operations of Argentina's FAMA airline, then returned to run the Argentine Postal Savings Bank. Named ambassador to the U.S. in 1948, he played a notable part in swinging a $125 million U.S. loan to Argentina. He also caused something of a feminine flutter among Washington's smart...
...where 750 buses load and unload the building each day. The concourse's walls are lined with shops where the Pentagonian can buy a uniform or a brassiére, a bestseller or a funeral wreath, a birthday cake or a railroad ticket, get a haircut or a loan. Once a guiding officer boasted to visiting General Henri Giraud that the Pentagon office girl could buy both a wedding ring and a baby carriage within its walls. The Frenchman asked: "Which do they buy first...
...impressive briefing officer the Pentagon has produced, was once a comer himself, is now Eisenhower's chief of staff at SHAPE. Recently, Gruenther called for the Army's brightest comer, Brigadier General Cortlandt Van Rensselaer Schuyler, 50, to serve as his plans officer. He also got the loan of the Navy's Captain George Anderson, 44. Anderson, whom Sherman had picked as his operations officer when he commanded the Sixth Fleet, is, according to Pentagon scuttlebutt, "sure to be CNO some...
...fuel to the big machines. Despite India's heat and dust, the drivers-many of whom had driven tanks in the Indian army-kept their machines in top condition. When the tractors successfully cleared a 7,000-acre tract of kans, the Indian government swung a $10 million loan from the World Bank, bought 240 more U.S. tractors, equipped them with specially designed root-cutting plows. Peasants who saw others' fields freed of the weed begged to have their own plowed, and draped the tractors with blossoms...
Said RFC Boss W. Stuart Symington: "It comes about as close to bribery as you can get." He was talking about the latest mess he has uncovered in RFC in connection with the $15,100,000 loan to Texmass Petroleum Co. (TIME, April 24, 1950), now Texas Consolidated Oils. Symington charged that Allen E. Freeze, former RFC official, had taken a $22,500-a-year job with the oil company while on RFC's payroll and while the agency was considering the loan, damned by the Senate Banking Subcommittee as a "bailout" for big banks and Massachusetts insurance companies...