Word: retreater
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...Dietrich Genscher, has made some perspicacious moves, such as his detailed and reasonable plan for confederation in November. But he scared and angered his Eastern neighbors by letting them think he was leaving open the possibility that a unified Germany might press revanchist claims on parts of Poland. His retreat on the issue this spring was an occasion more for relief than for congratulation...
...course of the U.S. retreat, dozens of foreign branches have closed, and entire regions of the globe have been abandoned. Chemical Bank, the sixth largest in the U.S., earned 50% of its revenues abroad 10 years ago. Now the proportion is 17%, and Chemical has cut the number of countries where it has marketing offices from 30 to nine. Bankers Trust, First Chicago, Manufacturers Hanover Trust and other U.S. multinationals known as money-center banks have sliced their foreign presence just as dramatically. Chase Manhattan, which has been operating overseas for more than 100 years, has closed or sold offices...
While most U.S. banks are trimming their global ambitions, America's biggest banking company is showing few signs of retreat. The 178-year-old Citicorp, ! once ranked as the world's largest bank in assets, lost that title to Japan's Dai-Ichi Kangyo Bank in 1986 and slumped to No. 11 in FORTUNE's 1990 ratings. As it stumbled in one market after another, the firm also lost some of its aura of invincibility, but it remains stubbornly committed to maintaining an international presence. Says John Reed, 51, the bank's youthful-looking chairman: "We want to be global...
...unravel in 1970, when his first wife died of cancer at 31. With four sons to raise, the eldest only seven, he remarried within a year. Two of his sons developed drug problems, and in 1985 he and his wife temporarily separated and he sought solace in a Christian retreat in a Washington suburb. Rumors that he was having an affair with a 28-year-old secretary were exacerbated when a woman he was with at National Airport screamed that Durenberger had "ruined" her life and knocked him to the floor with her purse. After that incident, Durenberger began giving...
...unemployed university graduate, for example, and say, "Why suffer? We can make you a teacher." In return the Shin Bet will start by asking something very easy: "We just need the names of your neighbors." By degrees the collaborator is drawn deeper into the web. If he tries to retreat, ^ the Israelis say, "We will expose you as a collaborator." It is widely believed in Nablus that Shin Bet agents have given drugged drinks to Palestinian women, then removed their clothing and taken pictures, threatening to shame them by showing the pictures to their families unless they cooperate. Some corrupt...