Word: trusts
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Dates: during 1970-1979
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That was certainly true for the West German government. In a move that left Bonn officials sputtering in helpless surprise, Morgan Guaranty Trust, the U.S.'s fifth largest bank and a leading creditor of the Iranian government, quietly went into an Essen court and attached Iran's 25% share of two of West Germany's best-known companies, Friedrich Krupp GmbH, a diversified steel and engineering combine (1978 sales: $5.9 billion), and Deutsche Babcock, a manufacturer of industrial equipment (1978 sales: $1.6 billion). Iranian stakes in the two companies were acquired under the Shah...
Sensibly, provision is being made for when the energy reserves run out. Fully 30% of all royalties are deposited in a "Heritage" trust fund, which now totals $5 billion and is expected to reach as much as $34 billion by the end of the 1980s. The fund makes major loans to other provinces (at competitive rates), but its main purpose is to bankroll Alberta's economic future. The provincial government has acquired its own Pacific Western Airlines; set up a local company to invest in all forms of energy, including oil from the thick, gummy tar sands; and offers...
...today he is more aggravated than usual. He's just had to fire new help he'd hired only three days ago, and that means Daphne has to get up earlier than usual to help him with the early shift. "People are so unreliable you can't trust them to do the work," he fumes. "They believe in just turning an egg and that...
...added there are many Cuban political prisoners who have been in jail for up to 20 years. "They await, they trust," Matos said. "Their message to those who leave first is "Please remember us,'" he added...
...simple scenes of a New England autumn in rain and in shine, the bubbliness of rambunctious young love, the sound of crickets at night and of a cello playing "Tis the Gift to be Simple" seduce us into forgetting for a moment the key-fumbling criticisms and to trust without sorrow that everything is just the way it looks...