Word: consortium
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...Zahedi. In London, the oil world's Big Eight-Anglo-Iranian, Royal Dutch Shell, Compagnie Française des Pétroles, New Jersey Standard, Socony, Texaco, Cali fornia Standard and Gulf-were secretly hammering out a tentative agreement to market Iran's oil through an international consortium. In Washington, the National Security Council directed the Attorney General to grant the five U.S. companies immunity from antitrust prosecution if they joined the combine...
...entire Skoda Works from Czecho-Slovakia to Brazil. When World War II began to devour more steel than Europe could produce, Axel Wenner-Gren, Swedish steel baron (Bofors), was also supposed to have turned up in Rio de Janeiro with an offer for exploitation by a Swedish-German consortium said to include Krupp. Hoping to interest U. S. capital, Brazil issued pointed warnings that unless the Yanquis became more ardent in their financial wooing she would leap into the arms of Hitler...
...Czech gold held in London in the name of the Bank for International Settlements. The Czech National Bank had a $30,000,000 credit with the B.I.S. The "World Bank," a Swiss corporation owned and operated by the central banks of the powers and a consortium of U. S. banks, keeps no gold in its modest headquarters at Basle, instead maintains deposits with the member banks, one of them the privately operated Bank of England. Goateed Montagu Norman, Governor of the Bank of England and a director of the B.I.S., had no other course than to return the gold...
...that Bulgaria has openly rearmed, the realm of Tsar Boris too may expect to benefit from the "loans" which Britain and France are so lavishly making to assure that the Balkan States will stand with Democracy (TIME, July 25). Paris dispatches this week announced that a consortium of French banks are "studying" the question of lending Bulgaria three hundred million francs...
Within the year a consortium of New York banks & bankers gave President Gibson the job of liquidating a batch of neighborhood banks that had closed. In the same year President Gibson headed the New York Emergency Unemployment Relief Committee, which involved a certain amount of eating out of tinware (see cut, col. 1). And to him went Manhattan's old Chatham Phenix National Bank & Trust, which was merged with Manufacturers after rumors threatened its existence. At that time Mr. Gibson swept out the portfolios of both banks, transferring assets with a dubious value of $30,000,000 to Huron...