Word: toed
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Dates: during 1960-1969
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Move Them Up Fast. He will be a contrast to his predecessor, Rudolph A.. Peterson, who has reached the mandatory retirement age of 65. Peterson is gregarious; Clausen is reserved. In conversation, Clausen uses few gestures and speaks to the point without small talk, though an occasional boyish grin...
Clausen grew up in Hamilton, Ill., where his father, a Norwegian immigrant, owned and edited the local paper. He studied law at the University of Minnesota (LL.B., '49), and got a part-time job counting cash at the Bank of America while preparing for bar exams. After he passed...
Not by Profit Alone. Clausen's main challenge will be continuing the bank's phenomenal expansion. During Peterson's six-year tenure, assets have risen from $14.7 billion to more than $25 billion, and the number of foreign branches has expanded from 44 in 1966 to 96...
After the war in Viet Nam finally ends, what will be done to bind up the wounds and lift the impoverished economy of the whole region? Remarkably, much has already been accomplished. Leaders of four of the nations that share the Indo-Chinese peninsula-Thailand, Cambodia, Laos and South Viet...
Downgrading in Washington. Working under the United Nations for twelve years, the four countries have raised $175 million, nearly one-third among themselves and the rest in loans and grants from 26 other countries, to finance hydroelectric projects, bridges and engineering studies. The U.S. has spent about $36 million. Thailand...