Word: sessions
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Dates: during 1960-1969
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...worst absurdity." Almost no one believed him. Speculation against the franc continued to mount until it neared crisis proportions, threatening to unbalance the entire, delicate mobile of the Western monetary system. The money managers and bankers of Europe and the U.S. assembled in Bonn in an emergency session, and solemnly rendered collective judgment that the franc must be devalued. The French braced for the worst, and the money men in capitals around the world prepared for the myriad adjustments in trade and currency flows that a cheaper franc would require. De Gaulle's critics could scarcely contain their glee...
During the session De Gaulle asked few questions. He had on his desk three "position papers" from the Ministry of Finance. One of them projected the situation if the franc were devalued at 9.785%-the figure in Le Monde. The second paper outlined a devaluation of 7.5%. The third report, prepared at De Gaulle's personal request, projected the consequences if he were not to devalue at all. When everyone had spoken, the General gave a brief resume of the trends of thought...
...decision. One of them was pride. The West Germans had failed to mask their glee at France's discomfiture. In fact, the French first learned of the devaluation discussions in Bonn through press reports quoting West Germany's Finance Minister Franz-Josef Strauss. After the final session, Strauss implied that the devaluation was a foregone conclusion. "The French government has to decide the extent of it," he said...
...consequence of your obession with drums you are unfit for useful work. It looks like you're going to be a ne'er-do-well, so you get together with some other kids who are also ne'er-do-wells and form a rock group. At your first recording session another group asks you to be their drummer. You join them; change your name to Ringo; and escape oblivion for fame and influence...
...those who care, this year's sobering-up session goes under the name How to Succeed in Business Without Really Trying. It's a fine musical and always has been, therefore a joy to behold. Frank Loesser's songs remain smart and fast, and the Abe Burrows-Jack Weinstock-Willie Gilbert book might have been written by bonafide comic geniuses. The story, it is true, proves nothing of anything, but for beauty of construction and quantity of laughs it can't be faulted...