Word: slings
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...shadow grew across the West, Amadeo Peter Giannini's vast (516 branches) Bank of America has been the target for assorted stones from many a sling. For two years the Department of Justice's Antitrust Division investigated; off & on for eight years the Securities & Exchange Commission let fly, with everything from pebbles to paving blocks. Every shot bounced off the tough hide of old (78), imperious "A.P." Last week Bank of America reported record resources of $5,859,234,000, putting it farther out in front than ever as the biggest U.S. bank...
...army of Federal Reserve Board agents has been reconnoitering deep in the territory of Bank of America and Giannini's holding company, Transamerica Corp. (which also controls 40 smaller banks, owns stock in dozens of industrial and insurance companies). Guided by their reports, FRB last week swung its sling. Under a section of the Clayton Antitrust Act that has never been used before, it quietly issued a stern order to Transamerica: show cause why FRB should not order it to end certain "monopolistic" practices. (Transamerica must answer the charges at a closed hearing in November, may appeal...
What is worrying Mikkola is the condition of two of his best men: sprinter Jon Spivak and javelin-thrower Don Trimble. Spivak will definitely not run tomorrow. And Trimble, who set a new Harvard javelin record two weeks ago, has been cradling his sore arm in a sling all week. The Medical Department will decide tomorrow morning whether it's safe for him to throw against Yale...
Novelist Thomas Mann, 72, carried his arm in a sling but was nearly mended now: he had stumbled on a neighbor's stairs in Pacific Palisades (Calif.) and fractured his left shoulder...
...right, jiggled his feet, turned southpaw at times. He backed up-but not into the ropes: he had too much ring smartness for that. Louis, always moving forward, looked like the aggressor, but for all the damage he did he might as well have had both hands in a sling...