Word: swiss
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Dates: during 1960-1969
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...Thou, not l-lt. Frail and paunchy, with a majestic beard and "penetrating, incorruptible eyes," Buber was once described by Swiss Novelist Hermann Hesse, an eclectic Christian, as "one of the few wise men on earth." Buber's wisdom was reflected in many fields - his poetic translation of the Hebrew Bible into German, his retelling of the long-forgotten legends of the joyous, mystical Hasidim, his vision of a Jewish education for the modern world, his defense of kibbutz socialism and the spiritual meaning of Zionism...
Harvard will be racing in the standard American Pocock shell instead of the Swiss Stamlli it has used in all but one of its races this year. The Pocock will be rigged in the German style, however, with the two, four, five, and seven oars on the starboard side...
...Swiss shell is being shipped to England for use at the Grand Challenge Regatta at Henley, perhaps an indication of coach Harry Parker's confidence about the Yale race...
...many foreign operators who have moved in to exploit Switzerland's free-and-easy financial codes, Munoz specialized in buying into Swiss banks and bringing to them huge sums of capital fleeing from Latin America and Spain. In 1962 he landed quite a client: Ramfis Trujillo, playboy son of the assassinated Dominican despot. Though at least one big Swiss bank had found Trujillo's millions too hot to handle, Munoz channeled the funds into two banks that he controlled, the Swiss Savings & Credit Bank of St. Gallen and the Geneva Commerce & Credit Bank. To invest the Trujillo hoard...
Down to Earth. Munoz pumped the Trujillo money, as well as other funds that he borrowed from his own banks, into highflying real estate schemes.' When European property markets sagged, the roof caved in. Late in April, Munoz' two Swiss banks applied for-and got-government permission to close down operations for a year. In May, his bank in Rome also was given a one-year moratorium. One of Munoz' cronies, Hermann Hug, president of the St. Gallen bank and a director of the Rome bank, was arrested on charges of swindling. Last week the Swiss police...