Word: trust
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Dates: during 1950-1959
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...survival after Stalin's death. Mikoyan shrewdly sided with Nikita Khrushchev when the other schemers from the old Stalin gang joined forces against the upstart. When Khrushchev won out, the wily Armenian emerged as No. 2 man, with the title of Deputy Premier. Khrushchev's apparent trust, and growing authority over foreign relations...
...prepared for anything. Even my ghost, my ashes will fight federation. Are you with me?" When the cries of "yes, yes" died down, Banda continued. The British, he said, wanted federation. "Why? So we can be herded into reserves like animals in our own country. Don't trust the missionaries. We must fill the prisons. That's the only way to get freedom. To hell with federation...
SINCE 1873 the most famed address in the U.S. financial world has been "The Corner" at 23 Wall Street, home of the House of Morgan. From The Corner last week came news that J. P. Morgan & Co.. Inc. will merge with Guaranty Trust Co. of New York, provided the trustbusters approve, to form the fourth largest bank in the U.S., with resources of $4 billion, capital funds of more than $500 million...
...Chairman Henry Clay Alexander, 56, will enable both banks "to serve our clients' increasing needs and our country's growth even better." The merger was characterized in Wall Street as "Jonah swallowing the whale," since Alexander will be chairman and chief executive officer of the Morgan Guaranty Trust Co of New York; Guaranty President Dale E. Sharp, 55, becomes president...
...over-the-counter market when the merger news was announced (one share of Morgan for 4.4 of Morgan Guaranty). Under able Chairman Alexander, the bank has made no bones about its competitiveness, trains young men nicknamed "bird dogs" to go out and hunt for business. For the Guaranty Trust, one of the impelling reasons for the merger was to get Morgan's bright young executives...