Word: trusts
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Dates: during 1970-1979
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...front of their TV screens. The best line of the day came out of this electronic novel. Andy Griffith, playing a retiring President patterned on Lyndon Johnson, cast a wise eye on Jason Robards, the fictional Nixon, and advised, "It's plenty hard to lose the affection and trust of those people. But let me tell you something, lose it once by God you never get it back...
...Common sense tells most of the nation that Lance's actions are so far from the norm as to be bizarre. Thus as Carter and his people have argued Lance's case, they have painted themselves to be either slightly dishonest or grossly uncomprehending. In either environment trust wilts...
...banker in Atlanta: "Bert was known and highly regarded. Collateral is important, but reputation and character are just as important." Yet some bankers noted that Lance's lenders were concerned that his collateral-mostly shares in Atlanta's National Bank of Georgia-was insufficient. Manufacturers Hanover Trust Co., for example, which loaned Lance $2.6 million in 1975, sent him eight letters seeking verification of the collateral and once demanded that he increase it. Bankers were aghast that on one occasion Lance used the same collateral for two different loans. Said a California banker: "That is definitely against...
...Joshua Nkomo's Zimbabwe African People's Union (ZAPU), the other affiliated with Robert Mugabe's Zimbabwe African National Union (ZANU). To the west of Belingwe, ZANU is said to have warned a ZAPU group not to encroach. There are many arms caches in the Tribal Trust Land-perhaps in store for a day of reckoning between the two factions...
...simmering down of growth during the final months of 1977 and throughout '78. David Grove, IBM's chief economist, expects declining growth rates-to 4.7% in the third quarter and 4.1% in the fourth. Beryl Sprinkel, a monetarist and executive vice president of Chicago's Harris Trust & Savings Bank, expects about a 3.5% growth rate in the last part of 1977. For next year the majority of the Board anticipates similar modest growth, which certainly would not be great, but also not bad for a mature economy...