| 151. |
Washington Post, The (DC) - December 21, 1977
Saudi to Acquire Lance Stock |
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Former budget director Bert Lance agreed in principle yesterday to sell 60 per cent of his stock in National Bank of Georgia to a Saudi Arabian businessman for $20 a share, $3 a share more than Lance paid for the stock.The Saudi, Ghaith R. Pharaon, an American-educated contractor in Jeddah, has several others investments in the United States.Under the agreement, once the acquisition is completed, Pharaon will put out a tender off for 60 per cent of all the outstanding NBG shares,...
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| 152. |
Washington Post, The (DC) - September 30, 1977
Performance on Rights Opposed as Loan Factor |
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Felipe Herrera, the Chilean who led the Inter-American Development Bank through its first decade here, said on a return visit last week that he opposes making member nation's human rights performance a factor in deciding whether they obtain loans from the bank."The multilateral lending organizations should be given the greatest possible autonomy" and their decisions on loans "must be technical, not political," said Herrera, 55,...
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| 153. |
Washington Post, The (DC) - June 3, 1977
Swiss Banks Add Rules |
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Swiss Banks yesterday agreed to tighten controls in an effort to prevent abuse of Switzerland's banking secrecy regulations, particularly in regard to accepting foreign funds.Rocked recently by a wave of scandals, the banks signed a convention with the Swiss National Bank in which they agreed to be more careful in accepting funds from foreign depositors trying to avoid either currency controls or taxes.The new concention in no way changes the banking secrecy laws, and in... |
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| 154. |
Washington Post, The (DC) - April 24, 1977
A Fresh Start for the Peace Corps |
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IT SEEMS overwhelmingly likely that the Peace Corps, which John F. Kennedy launched with such high hopes and which Richard Nixon tried to bury alive, will be given a fresh emphasis under the new administration. But so very much has happened since Camelot that a Carter-model Peace Corps will need to proceed from different premises, and promise different outcomes, from the JFK model of 15 long years ago. The world has been changing fast, and Americans have been changing, too.In a world-wide...
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| 155. |
Washington Post, The (DC) - March 12, 1977
2 Insiders View Monetary Collapse |
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History, it would appear, is in the eye of the beholder.We have here accounts of the collapse of the post-World War II monetary system by two insiders - Robert Solomon, for many years the top international adviser to the Federal Reserve Board in Washington, and Charles A. Coombs, former senior vice president of the New York Federal Reserve Bank.Solomon takes a broad - even a detached - view of the world and the reasons for the international monetary problems of the last 30 years. The... |
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| 156. |
Washington Post, The (DC) - February 24, 1977
Standard Chartered Bank, Ltd., of London has made |
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Standard Chartered Bank, Ltd., of London has made a $130 million offer to take over the Bank of California, one of the state's oldest banks.Lord Barber, Standard's chairman said Tuesday the offer to buy out the bank an dits holding company. BanCal Tri-State Corp., is predicted upon approval by BanCal's board of directors."We view this as a friendly offer," Barber said. "If the directors do not approve, we will go... |
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| 157. |
Washington Post, The (DC) - September 5, 1977
W. John Logan, Retired Banker |
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W. John Logan, a retired banker and member of several high level government commissions died Aug. 29 at his home in Middleburg Va., after a short illness. He was 86.Mr. Logan was a graduate of Princeton University and was a member of the 1913 college All American football team.A senior vice president of the Central Hanover Bank in New York City, Mr. Logan served during World War II as director of the distribution bureau of the War Production Board.Mr. Logan served from 1947 to... |
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| 158. |
Washington Post, The (DC) - January 16, 1977
Trilateral Commission-Web Enough for the Plot-Minded |
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If you like conspiracy theories about secret plots to take over the world, you are going to love the administration of President-elect Jimmy Carter.Righ-wingers are going bananas over it. So are left-wingers. It looks to them like the apocalyptic piece of evidence that fits every wacky puzzle, the missing link in every weird scenario. Sound the alarm: the Trilateralists are coming! Good grief, the Trilateralist are taking over the government!Trilateralists are not three-sided people.... |
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| 159. |
Washington Post, The (DC) - November 5, 1977
Project Haven Figure To Leave Island Refuge |
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Bahamian officials have informed the State Department that a Nassau banker, sought by the U.S. in an international fraud and tax investigation called Project Haven, will be forced to leave that island later this month.Justice Department officials are deciding what attempts can be made to bring H. Micheal Wolstencroft, managing director of Castle Bank and Trust in Nassau until it closed earlier this year, to American soil to face charges and questioning.He has been indicted in two... |
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| 160. |
Washington Post, The (DC) - March 11, 1977
The Bank of england yesterday reduced its minimum |
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The Bank of england yesterday reduced its minimum lending rate by 1 per cent to 11 per cent, responding to brighter financial prospects for Britain and falling money market interests rates.Soon afterwards, one of Britain's Bif Four commercial banks, barclays, cut its base rate from 11.5 to 0.5 per cent the others here expected to follow suit.The central bank pointed the way to cheaper borrowing after a renewed surged of foreign funds into Britainthis week for investment in... |
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