Word: trusts
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Dates: during 1950-1959
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...helping to organize the sprawling GULAG prison camps into a source of slave labor. He carried out the job with impersonal ruthlessness. During World War II he moved on into SMERSH, the Soviet counterespionage outfit, and at war's end he was so much in Stalin's trust that he was made top security man in the Kremlin. In this role Comrade Kruglov appeared at the Teheran Conference, where he kept close to Stalin's side. He was Molotov's personal bodyguard at San Francisco. He was at Yalta and at Potsdam, where he was introduced...
...practical economic goals of Kubitschek's term are set forth in a 247-page document drafted in 1955 by Kubitschek and a brain-trust panel headed by Lucas Lopes, a brilliant engineer who bossed the Minas Gerais electric-energy program. To implement the plan, the President will set up, with Lopes as chairman, an Economic Development Committee made up of key administration officials and economic technicians. Kubitschek expects private capital to do most of the development job. "My government will interfere," he says, "only when private enterprise is unwilling or unable to carry out what is indispensable." The program...
...billion, a whisper away from the $26.6 billion reached in 1953 just before the cut in buying and inventory recession. But this time there was a vital difference in the nature of the U.S. economy. Sales are now a far bigger proportion of inventories. Said Manhattan's Bankers Trust Vice President Roy Reierson: "Generally, there is no danger...
...recent purchases had been suggested by local banks that wanted to sell. This week Transamerica's traders moved on to Ogden, Utah, Marriner Eccles' home base, to discuss a deal with the Bank of Utah. Next stop: Denver, where Belgrano has made an offer for Central Bank & Trust Co., Colorado's fifth biggest...
...Transamerica nudged into Eccles' backyard; it bought three banks and four branches (for about $2,000,000) in Idaho from Walter E. Cosgriff, longtime Eccles rival and onetime RFC director. Last week Transamerica went onto the doorstep; it agreed to buy Salt Lake City's Walker Bank & Trust Co., Utah's oldest and second biggest bank, for $200 a share, will probably end by paying $14 million...