Word: sal
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Dates: during 1950-1959
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...private world bank, the first of its kind, named the Transoceanic Development Corp., Ltd. Sponsored by Kuhn, Loeb, First Boston Corp., and London's S. G. Warburg, the corporation has 27 participating firms famed in the banking world. Among them: Credit Suisse, David and Laurance Rockefeller, Sal Oppenheim Jr. & Cie. (Cologne), N. M. Rothschild & Sons (London), Deutsche Bank Group (Frankfurt), Amsterdamsche Bank (Holland). The bank's purpose is to buy equity shares in foreign enterprises and furnish risk capital to businesses in countries other than the U.S. and Canada...
...Indians, also hurting for pitchers, thought they were home free when they bought Sal ("The Barber") Maglie from the beaten New York Giants. But The Barber has been taking a trimming in the American League. His new teammates have been leaning with much more assurance on the batting skill of another oldtimer, Outfielder Hoot Evers, 34, bought from the Baltimore Orioles just last month (after a fading career with Detroit, Boston and the Giants). With a couple of timely homers, Evers helped the Indians recover first place after the near-disastrous week that saw them lose three straight games...
...third-place New York Giants jettisoned one of their once-great pitchers. Sal ("The Barber") Maglie, who failed to complete a game since June. Minus his old touch (95 wins, 42 losses), which helped take the Giants to two World Series ('51, '54), The Barber was sold to Cleveland for $10,000, was blasted for five runs in the first two innings of his first game for the Indians...
...pitching and again infielders, the Braves from a lack of catchers to support Crandall and pitchers to supplement Spahn and Conley, and the Giants from Mays' human inability to do everything again. Willio, may be a great ballplayer, but he can't take ten years off the age of Sal Maglie...
Died. Jorge Pasquel, 48, millionaire Mexican sportsman, who successfully lured south some of U.S. baseball's top postwar talent to his Mexican League, e.g., Brooklyn's Mickey Owen, New York's Sal Maglie, St. Louis' Max Lanier; when his private plane crashed with five others aboard; in the mountains near Valles, 225 miles northwest of Mexico City...