Word: bankers
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Dates: during 1970-1970
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...kick back part of their inflated fees to the producers, dishwashers pay their bosses for the opportunity to work, and waitresses pay off their captains. "There is a depth of corruption here that would leave even the Vietnamese breathless," reported TIME Los Angeles Bureau Chief Don Neff. "A prominent banker, after his third drink, talks loudly about kickbacks: '$50,000, $75,000 off the top−so what's that?' A famous attorney declares in public: 'If he doesn't like it, I got friends who will take him to the edge of town...
Born in Poland in 1909, Sapir emigrated to Palestine in 1929. Trained as a banker, he gradually turned to politics. During the 1948 war for independence, Sapir went abroad to raise the funds to buy the guns. Thereafter he served as the moneyman for both the government and the party, building up a strong political machine in the process. Two years ago, when the late Premier Levi Eshkol first fell ill and the Labor Party secretariat met to discuss a successor, Sapir designated Golda Meir. Three months later, when Eshkol died, the choice became fact...
Diary of a Century by Jacques Henri Lartigue. Viking. $27.50. Accomplished Dilettante Lartigue was given his first camera in 1901 at age seven, and immediately began to illustrate his diary. He is still at it. Son of a rich Parisian banker, but above all child of an ebullient and optimistic age, Lartigue recorded the expensive frolics of his family and friends-auto racing, glider flying, womanizing. With rare charm, he also caught the nostalgic flavors and spicy fashions of seven decades -from pleated cascades of ankle-length silk in the Bois de Boulogne (1904) to the rayon trickle of miniskirts...
...cases they hired helicopters to pluck their booty from the roofs of houses and barns. Robert Eldred of Dennis, Mass., returned from a trip to find that his square-rigger ship vane had vanished. Six months later, it was traced with the help of an antique dealer to a banker's house in Florida. Eldred flew to Florida and, taking two extra seats in the plane, returned home with his antique. Before Eldred had time to remount the weather vane, a man appeared at his door offering a handsome clipper ship model to replace what he thought was Eldred...
...full levels of management." With unexpected room at the top, there is now competition for power. The leading aspirant is John Notter, 35, president of American-Hawaiian Steamship. Notter, however, is not a shipping man, as Wagner was, but a real estate expert. "What Ludwig needs," says a banker who knows him well, "is another Wagner -a brilliant shipping executive who can see the broad picture, as well as remember the little details. Ludwig got his start in shipping, and everything else has been built...