As a Western financial rescue of the hard-pressed Soviets about to be wrapped up? New York Federal Reserve President E. Gerald Corrigan, back from Moscow, quietly summoned chairmen of top U. S. banks to a closed-door meeting on Oct. 4. He was expected to urge them to supply more short-term loans to Soviet trade and banking organizations and not to shun gold and currency transactions with Moscow.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.