The Moneychangers
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The Moneychangers
''The Moneychangers'' is a 1975 novel written by Arthur Hailey. The plot revolves around the politics inside a major bank. Plot summary As the novel begins, the position of CEO of one of America's largest banks, ''First Mercantile American'', is about to become vacant due to the terminal illness of Ben Roselli, the incumbent chief, whose grandfather founded the bank. Two high-ranking executives groomed for the succession begin their personal combat for the position. One, Alex Vandervoort, is honest, hard-charging, and focused on growing FMA through retail banking and embracing emerging technology; the other, Roscoe Heyward, is suave, hypocritical, and skilled in boardroom politics, and favors catering more to business than to consumers. Heyward lives in a "rambling, three-story house in the suburb of Shaker Heights," Cleveland, Ohio. Many characters and plot lines interweave. Senior bank teller Miles Eastin is discovered to be defrauding the bank whilst casting guilt on ano ...
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The Moneychangers (Sinclair Novel)
''The Moneychangers'' is a 1975 novel written by Arthur Hailey. The plot revolves around the politics inside a major bank. Plot summary As the novel begins, the position of CEO of one of America's largest banks, ''First Mercantile American'', is about to become vacant due to the terminal illness of Ben Roselli, the incumbent chief, whose grandfather founded the bank. Two high-ranking executives groomed for the succession begin their personal combat for the position. One, Alex Vandervoort, is honest, hard-charging, and focused on growing FMA through retail banking and embracing emerging technology; the other, Roscoe Heyward, is suave, hypocritical, and skilled in boardroom politics, and favors catering more to business than to consumers. Heyward lives in a "rambling, three-story house in the suburb of Shaker Heights," Cleveland, Ohio. Many characters and plot lines interweave. Senior bank teller Miles Eastin is discovered to be defrauding the bank whilst casting guilt on an ...
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Boris Sagal
Boris Sagal (October 18, 1923 – May 22, 1981) was an American television and film director. Early life and career Born in Yekaterinoslav, Ukrainian SSR (now known as Dnipro, Ukraine) to a Ukrainian-Jewish family, Sagal immigrated to the United States. Sagal's TV credits include directing episodes of ''The Twilight Zone'', '' T.H.E. Cat'', ''Alfred Hitchcock Presents'', ''Night Gallery'', '' Columbo: Candidate for Crime'', ''Peter Gunn'', and ''The Man from U.N.C.L.E.''. He also directed the 1972 television adaptation of Percy MacKaye's play '' The Scarecrow'', for PBS. He was nominated for four Primetime Emmy Awards for his direction of the miniseries '' Rich Man, Poor Man'' and, posthumously, ''Masada''. Sagal directed the 1971 science fiction film ''The Omega Man'', starring Charlton Heston in the lead role, and ''The Dream Makers''. There is a directing fellowship in his name at the Williamstown Theatre Festival in Massachusetts. Shortly before his death, Sagal's miniseri ...
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Jacque Mapes
Jacque is a given name and a surname which may refer to: __NOTOC__ People * Jacque Batt (died 2014), American First Lady of Idaho 1994-1999 * Jaque Fourie (born 1983), South African former rugby union rugby player * Jacque Fresco (1916–2017), American futurist and self-described social engineer * Jacque Jack Jenkins (American football) (1921-1982), American football player * Jacque Jones (born 1975), American Major League Baseball assistant hitting coach and former player * Jacque LaPrarie, American college football player in the early 1980s * Jacque MacKinnon (1938-1975), American League Football and National League Football player * Jacquelyn Jacque Mercer (1931-1982), winner of the Miss America beauty pageant in 1949 * Jacqueline Jacque Reid (born 1975), American television and radio host, journalist and former news anchor * Jacque Robinson (born 1963), American football player * Jacque Vaughn (born 1975), American National Basketball Association assistant coach and former pla ...
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Ross Hunter
Ross Hunter (born Martin Terry Fuss; May 6, 1916 or 1920 – March 10, 1996) was an American film and television producer and actor. He is best known for producing light comedies such as ''Pillow Talk'' (1959), and the glamorous melodramas ''Magnificent Obsession'' (1954), '' Imitation of Life'' (1959), and '' Back Street'' (1961). Over the course of his career, Hunter produced films of various genres but found his greatest success with light-hearted comedies, musicals and melodramatic "tear jerkers" that were high on romance and glamour. Biography Early life Hunter was born in Cleveland, Ohio. His birth year is unclear, with sources indicating that he was born between 1916 and 1926, and even 1929. Given the fact that he worked as teacher before his service in World War II, then a 1916 or 1920 birth year are the most likely He was of Austrian Jewish and German Jewish descent. He attended Glenville High School where he later taught English and drama (he also taught these subjec ...
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Cincinnati, Ohio
Cincinnati ( ) is a city in the U.S. state of Ohio and the county seat of Hamilton County. Settled in 1788, the city is located at the northern side of the confluence of the Licking and Ohio rivers, the latter of which marks the state line with Kentucky. The city is the economic and cultural hub of the Cincinnati metropolitan area. With an estimated population of 2,256,884, it is Ohio's largest metropolitan area and the nation's 30th-largest, and with a city population of 309,317, Cincinnati is the third-largest city in Ohio and 64th in the United States. Throughout much of the 19th century, it was among the top 10 U.S. cities by population, surpassed only by New Orleans and the older, established settlements of the United States eastern seaboard, as well as being the sixth-most populous city from 1840 until 1860. As a rivertown crossroads at the junction of the North, South, East, and West, Cincinnati developed with fewer immigrants and less influence from Europe than Ea ...
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Bank Of America
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank was founded in San Francisco. It is the second-largest banking institution in the United States, after JPMorgan Chase, and the second largest bank in the world by market capitalization. Bank of America is one of the Big Four banking institutions of the United States. It serves approximately 10.73% of all American bank deposits, in direct competition with JPMorgan Chase, Citigroup, and Wells Fargo. Its primary financial services revolve around commercial banking, wealth management, and investment banking. One branch of its history stretches back to the U.S.-based Bank of Italy, founded by Amadeo Pietro Giannini in 1904, which provided various banking options to Italian immigrants who faced service discrimination. Originally headquartered ...
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Fortune Magazine
''Fortune'' is an American multinational business magazine headquartered in New York City. It is published by Fortune Media Group Holdings, owned by Thai businessman Chatchaval Jiaravanon. The publication was founded by Henry Luce in 1929. The magazine competes with ''Forbes'' and ''Bloomberg Businessweek'' in the national business magazine category and distinguishes itself with long, in-depth feature articles. The magazine regularly publishes ranked lists, including the ''Fortune'' 500, a ranking of companies by revenue that it has published annually since 1955. The magazine is also known for its annual ''Fortune Investor's Guide''. History ''Fortune'' was founded by ''Time'' magazine co-founder Henry Luce in 1929 as "the Ideal Super-Class Magazine", a "distinguished and de luxe" publication "vividly portraying, interpreting and recording the Industrial Civilization". Briton Hadden, Luce's business partner, was not enthusiastic about the idea – which Luce originally thoug ...
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Automated Teller Machine
An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff. ATMs are known by a variety of names, including automatic teller machine (ATM) in the United States (sometimes redundantly as "ATM machine"). In Canada, the term ''automated banking machine'' (ABM) is also used, although ATM is also very commonly used in Canada, with many Canadian organizations using ATM over ABM. In British English, the terms ''cashpoint'', ''cash machine'' and ''hole in the wall'' are most widely used. Other terms include ''any time money'', ''cashline'', ''tyme machine'', ''cash dispenser'', ''cash corner'', ''bankomat'', or ''bancomat''. ATMs that are not operated by a financial i ...
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Automated Teller Machine
An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff. ATMs are known by a variety of names, including automatic teller machine (ATM) in the United States (sometimes redundantly as "ATM machine"). In Canada, the term ''automated banking machine'' (ABM) is also used, although ATM is also very commonly used in Canada, with many Canadian organizations using ATM over ABM. In British English, the terms ''cashpoint'', ''cash machine'' and ''hole in the wall'' are most widely used. Other terms include ''any time money'', ''cashline'', ''tyme machine'', ''cash dispenser'', ''cash corner'', ''bankomat'', or ''bancomat''. ATMs that are not operated by a financial i ...
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Bank Run
A bank run or run on the bank occurs when many clients withdraw their money from a bank, because they believe the bank may cease to function in the near future. In other words, it is when, in a fractional-reserve banking system (where banks normally only keep a small proportion of their assets as cash), numerous customers withdraw cash from deposit accounts with a financial institution at the same time because they believe that the financial institution is, or might become, insolvent; they keep the cash or transfer it into other assets, such as government bonds, precious metals or gemstones. When they transfer funds to another institution, it may be characterized as a capital flight. As a bank run progresses, it may become a self-fulfilling prophecy: as more people withdraw cash, the likelihood of default increases, triggering further withdrawals. This can destabilize the bank to the point where it runs out of cash and thus faces sudden bankruptcy. To combat a bank run, a bank ...
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Penn Central
The Penn Central Transportation Company, commonly abbreviated to Penn Central, was an American Railroad classes, class I railroad that operated from 1968 to 1976. Penn Central combined three traditional corporate rivals (the Pennsylvania Railroad, Pennsylvania, New York Central Railroad, New York Central and the New York, New Haven and Hartford Railroad, New York, New Haven and Hartford railroads), all united by heavy service into the New York metropolitan area and (to a lesser extent) New England and Chicago. The new company failed barely two years after formation, the largest bankruptcy in U.S. history at the time. The Penn Central's railroad assets were nationalized into Conrail along with the other bankrupt northeastern roads; its real estate and insurance holdings successfully Reorganization, reorganized into American Premier Underwriters. History Pre-merger The Penn Central railroad system developed in response to challenges facing Northeast United States, northeaste ...
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