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Word: chases (lookup in dictionary) (lookup stats)
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...your article "Willie's Farewell" [Nov. 12]: this great athlete symbolizes baseball for me and millions of Americans. I saw him chase down a fly to deep center and steal second and third in a game when he was 40 years old. No one could play like Willie Mays. So who's going to begrudge him a few bucks for having his picture taken with some gamblers...

Author: /time Magazine | Title: Letters: Iran's Revenge | 12/10/1979 | See Source »

...Administration struggled to extricate the hostages-and the U.S. -from the Iranian blackmail abroad, a bitter, backbiting controversy arose at home. It revolved around three questions: 1) Had the deposed Shah's two most prominent American friends, former Secretary of State Henry Kissinger and Chase Manhattan Bank Chairman David Rockefeller, exerted excessive pressure to get the Shah into the U.S.? 2) After long advocating that the Shah be given sanctuary in the U.S., had Kissinger then tried to score political points by publicly criticizing the Administration for appearing weak in a crisis that he had helped to create...

Author: /time Magazine | Title: Nation: Who Helped the Shah How Much? | 12/10/1979 | See Source »

...argued that the attachment orders, which are automatically issued in West Germany in cases of disputed debts, were necessary to cover possible losses from Iran's default on a $500 million loan. It had been made by an eleven-bank syndicate that included Morgan and was headed by Chase Manhattan Bank. In fact, Morgan Guaranty's $40 million share of the loan is more than covered by the estimated $8 billion to $9 billion in Iranian assets that were frozen in U.S. banks by presidential decree...

Author: /time Magazine | Title: Business: Bankers Grab the Booty | 12/10/1979 | See Source »

...Chase responded that the Iranian statement was not correct. It and the six other U.S. banks in the syndicate voted, over the protest of the four non-U.S. banks involved, to declare the default. The U.S. banks could use the Iranian assets frozen a week earlier to offset their own $300 million share of the loan, but the non-U.S. banks (two Swiss, one British and one Canadian) had no such recourse. Their only options were either to activate a so-called cross default clause and foreclose on the Iranian government in court for the remaining $200 million...

Author: /time Magazine | Title: Business: Spread off Petrobrinkmanship | 12/3/1979 | See Source »

...usually somnolent annual congressional review of the Federal Trade Commission this year has resembled a West Waterford fox hunt, where packs of baying Irish hounds chase the hapless beast to ground. In both the House and Senate, committees have voted to reduce drastically the commission's powers. After the Senate Commerce Committee voted 15 to 0 last week to restrict the agency's authority and require it to submit to semiannual review, Missouri Republican John Danforth said: "If this doesn't stop them, I don't know what will...

Author: /time Magazine | Title: Business: Open Season on the FTC | 12/3/1979 | See Source »

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