Word: mutuality
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Dates: during 1970-1979
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...severe, deep-carnelian granite Bank of America building; the hollowed-out Embarcadero Hyatt Regency, its interior a modern evocation of a Babylonian hanging garden. Bay City boosters will soon have another unusual building to talk about. Construction has just begun on the 19-story Northern California headquarters of Pacific Mutual Life Insurance Co., which Architect William Pereira reckons is the first high-rise office structure with openable windows to be built in the U.S. since World...
...Diego, got the idea from a 24-story building owned by the Crocker National Bank in San Francisco. Although it was built in the 1920s, says Pereira, "it is always 100% occupied, and one of the principal reasons is that it has openable windows." He designed the Pacific Mutual building not only as a fond bow to the city's tradition, but also to cut energy use by 15% to 20%. And he estimates that the new building will cost no more, and offer tenants greater variety, than conventional offices. Besides sliding French windows, there will be balconies that provide...
...abroad. The amounts should run to many billions, "greater than what we think will be the likely needs." These bold borrowings should be concentrated in German marks, Swiss francs and other surging currencies. In fact, he also urges the U.S. to float Treasury bonds abroad, selling them to banks, mutual funds and other investors in exchange for strong foreign money. The Treasury would guarantee to repay these loans in the same foreign currencies, so that the creditors would risk no loss even if the dollar fell still further...
...Liberation rule, including proliferating bureaucracy, reckless government spending and creeping socialism. Another issue was outgoing President Daniel Oduber's connections with Robert L. Vesco, the expatriate U.S. financier who fled to Costa Rica in 1972 to avoid facing U.S. charges of embezzling $224 million from a Geneva-based mutual fund he controlled. Carazo vowed to have Vesco expelled "for the nation's health." But Carazo's victory mostly reflected the voters' concern about the danger of continuismo, the permanent entrenchment in power of the Liberation Party if it was not turned out for a spell...
Trudeau in 1952, at the behest of their mutual friend, Gerard Pelletier, in an encounter that set the tone for most of their future dealings. "You speak well," said Trudeau brusquely, "but can you write?" Trudeau then reminded the startled journalist that Lévesque was two years overdue on a promised contribution to Cite Libre...