Word: trusts
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Dates: during 1970-1979
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...Secretary of the Treasury in the Nixon Administration. Robert Nathan heads a private consulting firm in Washington; David Grove is chief economist at IBM; Robert Triffin, an expert in international monetary policy, is a Yale economics professor; and Beryl Sprinkel serves as top economist at Chicago's Harris Trust and Savings Bank...
...Micah, agreed to live together as a free-style "family," sharing everything, including sex, in Jo's Washington Square Village apartment. Some shared more than others: Jo paid most of the family's communal expenses out of her $60,000 yearly income from stock dividends and a trust fund set up by her father, who owned a sausage-casing company. "We had somewhat of an open family," says the burly, bearded Dolph, interviewed in jail. "We were trying to live as truthfully and honestly with each other as we could. Jo came along. She was a rich girl...
...Until last November, Ed Bogota, 30, was earning more than $25,000 a year as trust investment manager in the Manhattan office of the Corning Glass Works. Abruptly, his job was abolished. "I got caught in cost cutting," he explains. BOgota is willing now to take a 15% reduction in salary. But with jobs scarce in the investment field, he acknowledges that "it is a matter of luck taking it from here...
...office had announced earlier that sign-up sheets for Interviews with representatives of Mellon Bank of Pittsburgh, Pa. and Morgan Guaranty Trust yesterday morning. According to several students who waited in line, applicants had signed up for all 26 timeslots for Mellon Bank and 39 for Morgan Guaranty Trust by 9:15 a.m. By 10 a.m. there were about 40 names on both waiting lists for interviews in case of cancellations...
...definitely reflects the economy," Bryant said. She said that Mellon bank had cut back its openings at all levels from 80 last year to 20 this year. Large New York banks such as Morgan Guaranty Trust, are also cutting back on hiring, but not as severely, she said...