Word: schaefer
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...Alfred Schaefer, 60, chief of the Union Bank of Switzerland, and by common consent that nation's foremost commercial banker, was protesting the notoriety thrust upon Swiss banks by the recent troubles of Britain's pound. Long the world's favorite haven for nervous money, Swiss banks have amassed so much of it (fully one-fifth of their $16.6 billion in deposits comes from foreigners) that when their international clientele decided to lighten its sterling holdings, the banks became heavily though unhappily involved in the run on the pound. The Swiss themselves contributed $80 million...
...Swiss will lift the secrecy veil if a depositor is accused of a serious crime, but they refuse to worry about tax dodgers. "We cannot act as a policeman for foreign governments," argues Schaefer. He says that his bank provides numbered accounts only for people known to its officers-"not Al Capones or South American generals" -and that it turned down deposits from the Dominican Republic's ousted Trujillo family. But he allows that "not all banks in Switzerland apply the same standards...
...Rear. Since any departure from formula comedy seems worthy, a slapstick farce about the Civil War perhaps deserves a nod for trying a different attack. This frolic manages, however, to be unremittingly fast, flip, energetic, and for the most part humorless. Based on a sober historical novel by Jack Schaefer (Shane), the movie attempts to spark laughs by logging the misadventures of Company Q, a detachment of Yankee misfits led by inept Colonel Melvyn Douglas and his wry-smiling lieutenant, Glenn Ford. The boobs under their command include a firebug, a flagpole sitter, a kleptomaniac, a skittish soldier afflicted with...
...teach that the Bible cannot err even in details, that God created the world in six 24-hour days, that Moses was the author of the Pentateuch. Wisconsin churches hardly ever join with other Christian groups in sponsoring civic projects. But "we aren't ogres," says Pastor James Schaefer of Milwaukee's Atonement Church. "We enjoy a martini once in a while, and some of us even say 'dammit' from time to time...
Wisconsin's president, Pastor Oscar J. Naumann, 54, is similarly tolerant in secular affairs. "But on a matter which affects our hope for salvation-Scripture-there can be no compromise," he says. Until Missouri reforms, adds Pastor Schaefer, "we cannot pray with them, we cannot work with them, we cannot worship with them and, by extension, with anyone else who does...