Word: res
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Dates: during 1960-1969
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Leven, a sixth-generation member of a family prominent in Paris business, negotiated patiently for eight years to acquire Vichy. A controlling 43.8% interest in Vichy is held by a beer firm called Brasseries et Glacières de 1'Indochine (BGI). Perrier in turn owns 33% of BGI. The swap that Leven finally arranged was to give BGI its 33% and in return take the controlling interest in Vichy. Perrier has acquired another 10% of Vichy shares from other stockholders. Perrier will not only bottle the water from the twelve mineral springs in the town of Vichy...
Once again, all good bankers have had to come to the aid of Britain's pound. After an emergency $3 billion international loan in 1964 (still not paid back), and another $1 billion res cue in 1965, the Bank for International Settlements and eleven countries last week had to renew the billion-dollar bundle for Britain. The pound, which two weeks ago had dropped to a 15-month low of $2.78 27/32, rallied to $2.79 2/32. But in the finance ministries and central banks of Europe and North America, money managers were asking: "How long, O Lord, how long...
...Show program is still alliterative: "Extraordinary Equine Exhibition! Res-inback Riders and Revelers! Trilogy of Teeterboard Terrors!" And the circus' biggest acts are still those with negative benefits: a Siberian tiger named King rides around on a horse named Tiger and does NOT eat him; a Mexican acrobat does a triple somersault-the one that gave Burt Lancaster all that trouble in Trapeze-and does NOT fall: Helena Rassy's pastel-dyed pigeons are released from the balcony and flutter down to her and NOT into the crowd...
...dignity through several assaults of whimsy that would shake a saint. In one dreary episode, she is conned into buying scanty costumes for the school band. In another, she sends a shy little nun off to help a pack of screaming girls shop for their first brassières. Director Ida Lupino lets Angels swing lowest when she introduces a lay teacher, clad in passionate purple, whose specialty is "interpretive movement." Gypsy Rose Lee plays the part with all the boop-de-doo phoniness a second-rate show deserves...
...secrecy led to Eurofinance's founding in 1961. A graduate of France's Institut d'Etudes Politiques, he also took law and economics degrees at the University of Paris and studied at Harvard's Public Administration School before going to work for Lazard Frères in Paris as an investment analyst. Alexandre soon became disturbed by the obstacles that traditional business secrecy placed in the path of expanding business activity. He decided to shatter the secrecy with an organization that would function partly like a Wall Street brokerage house and, by necessity, partly like...