Word: lolly
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Squabble Between Allies. Last week, though, the Banca del Lavoro was vault-deep in politics, and both Longo and Ettore Lolli, 58, his longtime No. 2 man and heir apparent, had resigned. Reason: a squabble between Christian Democrats and Socialists over who would be officially tapped to run Italy's biggest financial institution once Longo stepped out. The Christian Democrats favored Lolli, who has the backing of such important moneymen as Bank of Italy Governor Dr. Guido Carli and Treasury Minister Emilio Colombo. The Socialists, demanding jobs and economic power as the price for their 1963 split with...
...Socialists so far have not been able to get Pagliazzi into the job, but they managed to keep Lolli out. As a stopgap while the parties argued, Longo moved up to board chairman and an aging interim director-general was named; Pagliazzi was made a deputy director-general, along with Lolli, who was running most of the bank's operations. Two weeks ago, Carli quietly informed Lolli that his chances of becoming director-general were nil; to solve the impasse the government will probably name another candidate...
...delegates asked the U.S. Government to underwrite the proposed Asian development bank. Among the 2,000 moneymen from 103 nations who crowded into the Sheraton Park Hotel, such bankers as the U.S.'s David Rockefeller and Robert Roosa, Britain's Viscount Harcourt and Italy's Ettore Lolli swapped shop talk and negotiated private deals...
Official forbearance eventually gave way under the pressure of the press. Jordanian troops escorting what was soon dubbed "the papalcade" eventually resorted to muscle, swagger sticks and gun butts to keep order in the unholy mess. Cesidio Lolli, sedate papal diarist for L'Osservatore Romano, the Vatican daily, lost his temper after a manhandling by Arab Legionnaires. "You may be the soldiers of Herod," he snapped, "but please remember that I am not a Christian infant...
...Down South, Phil Waring, Monk Aiello, and Ed Curtis proved they could pour in goals against the nation's strongest defenses--except for Navy. Curtis surprised by tallying two more than Waring, last year's top scorer in the nation, and Aiello matched Curtis knack at setting them up. Lolli Coburn, Don Davidoff, John Lane, and John Taylor provided the reserve power lacking last year...