Word: withdrawals
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Dates: during 1980-1989
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...disclosures last week triggered a community backlash against the bank. The city council of Medford voted to withdraw $64,000 in deposits from First National, and Boston officials began thinking about doing likewise with the $44 million in its accounts. For First National's management it was a public relations nightmare. "They're stunned," said one of the bank's consultants. "They are used to being pillars of the community...
Despite these diverging views, Fahd and Reagan hit it off personally during three meetings, one of them with only a translator present, and at a lavish state banquet at the White House. They had no trouble agreeing on the need to keep pressure on the Soviet Union to withdraw its troops from Afghanistan and support efforts to end the Iran-Iraq war. Reagan avoided substantive matters in his banquet remarks (they were not a toast, since the Muslim guests of honor were not served wine), concentrating instead on Fahd's well-known passion for soccer...
...Israel's decision to withdraw unilaterally from southern Lebanon: Our new government decided to focus on one issue: reasonable security for our (northern) settlement population, and to (achieve this) without remaining in Lebanon. I believe that among the many surprises, and most of them not for the good, that came out of the war in Lebanon, the most dangerous is that the war let the Shi'ites out of the bottle. No one predicted that; I couldn't find it in any Israeli intelligence report. The Shi'ites, the largest community in Lebanon, were oppressed by the P.L.O. (Palestine Liberation...
...each of the bank's depositors up to $100,000 if the bank should fall, and sending shivers through a banking industry already experiencing the highest number of individual failures since the Great Depression. All of this attention accelerated the spiral as depositors panicked flocking to teller windows to withdraw accounts totaling millions of dollars...
...should reform UNESCO from within. Said Republican Congressman Jim Leach of Iowa: "It is difficult to know how U.S. views will be better protected from an empty chair." By this time next year, another chair may be empty. Great Britain last month gave notice that it intends to withdraw from UNESCO...