Word: teller
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Dates: during 1970-1979
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...drug problem. He tends to be a note passer who acts on the spur of the moment, then takes the money and runs. One Minneapolis robber collapsed on the street after sprinting from the bank with his take. Last week a laid-back San Francisco bandit robbed from one teller, then moved on to the new accounts desk, where he was arrested after trying to open a savings account. In Savannah, Ga., a robber was soon caught because the note he passed contained his name and Social Security number...
...bank decided that discretion was the better part of valor. After a frightened teller in another New York City bank was killed last week, apparently for failing to act fast enough, Manhattan's Banco de Ponce posted a sign near the tellers' booths: "Attention would-be bank robbers. This is a Spanish-speaking bank. If you intend to rob us, please be patient for we might need an interpreter. Thank you, the Management...
...EDWARD TELLER, scientist: Biologist Norman Borlaug, who with his colleagues developed a strain of wheat that is helping to feed the world. The most important man who brought refugees to this country, from Hungarians to Indochinese, is Leo Cherne, executive director of the Research Institute of America. Dixy Lee Ray, the Governor of Washington, is a politician and a scientist who pulled the Atomic Energy Commission out of a deep mire by reorganizing the agency. She made many enemies, and had no support, but became the Governor of a state...
Thomas Bertram Lance started work, after dropping out of the University of Georgia, as a $90-a-month teller at the Calhoun First National Bank, run by his wife's grandfather. Seven years later Bert Lance and his friends bought control of the bank, and the hulking (6 ft. 4 in.) country slicker from Young Harris (pop. 544) helped turn the area into a prosperous carpet center with his high-risk loans to local small businesses. He soon parlayed his bank connections into a paper empire, tried unsuccessfully to succeed his friend Jimmy Carter as Governor of Georgia, took...
...Federal Reserve has little direct control. Sears, Roebuck and other retail chains are pushing instant credit, as are finance companies, credit unions and similar "near banks." Moreover, bank depositors can lay their hands on credit and cash around the clock by sticking plastic cards into street-corner automated teller machines. Says Finn Caspersen, chairman of Beneficial Corp., which charges up to 20% interest on personal loans: "The consumer is borrowing today's dollar to get today's goods and is paying back with tomorrow's inflated dollars. It's a rational choice...