Citibank Found To Lead in Shift To Tax Havens
Citibank Bahamian records show sizable portion of bank's lending, almost $2-billion, is concentrated in Brazil (S)
On this day
Revisit the music, news, notable people, and historical moments connected to this date.
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Citibank Bahamian records show sizable portion of bank's lending, almost $2-billion, is concentrated in Brazil (S)
bank officials say they are optimistic that solution to avert bankruptcy for city can be worked out; union officials reiterate opposition to stringent financial controls that banks are demanding (M)
Samuel Ayala and Willy Profit arrested, Norwalk, Conn, as they are returning van to rental agency; 3d suspect, Luis Torres, charged with robbery; illus; map (M)
Beame now seen in forefront of NYC fiscal crisis, handling negotiations, unlike 1 1/2 yrs ago, when his role seemed to be on sidelines; is seen accepting enormous risk of failure; probably overriding reason for Beame's new role is that Gov Carey and MAC chmn Rohatyn, for different reasons, have backed away from intimate involvement in fiscal negotiations; Beame illus with Deputy Mayors Nicholas Scoppetta, Osborn Elliott, John C Burton and John E Zuccotti at joint Council-bd session; Rohatyn por (M)
HR, 262-161, defeats proposal for funding of $2.2-billion Nimitz-class nuclear aircraft carrier; Pres Carter's opposition to project noted; carrier was strongly endorsed by all of Navy's sr officers and Adm Hyman G Kickover during recent HR and Sen Armed Services Com hearings (M)
Music on My Birthday
The Top 50 albums for the chart week of March 2, 1977, covering March 4, 1977.
Barbra Streisand & Kris Kristofferson
Eagles
Pink Floyd
Stevie Wonder
Al Stewart
1977Nacho Figueras, Argentinian polo player and model[â ]
Ignacio "Nacho" Figueras Bermejo is an Argentine polo player and model with a 6-goal handicap. Dubbed the "David Beckham of polo", Figueras is considered to be the most famous polo player in the world. He currently co-owns and plays for Black Watch Polo Team. Since 2005, Figueras has been the face of Ralph Lauren's Black Label. In 2015, models.com ranked him in the top eighteen of their Money Men.
1977Traver Rains, American fashion designer and photographer[â ]
Traver Rains is an American TV personality, celebrity fashion designer, and photographer.
1977Anatol E. Baconsky, Romanian poet, author, and critic (born 1925)[â ]
Anatol E. Baconsky, also known as A. E. Bakonsky, Baconschi or Baconski, was a Romanian modernist poet, essayist, translator, novelist, publisher, literary and art critic. Praised for his late approach to poetry and prose, which transgresses the genres and introduces an aestheticized, original and progressively dark perspective to Romanian literature, he was also criticized for his early commitment to Socialist Realism and communism. Much of his work belongs to the field of travel literature, recording his experiences in the Eastern Bloc, the Far East and Soviet Union, and finally Central Europe. He was also a critically acclaimed translator of foreign works, including the MahÄbhÄrata and poems by Jorge SemprĂșn, Artur Lundkvist and others, the author of world literature anthologies, and the editor of monographs on Romanian and foreign painters.
1977Nancy Tyson Burbidge, Australian botanist and curator (born 1912)[â ]
Nancy Tyson Burbidge was an Australian systemic botanist, conservationist and herbarium curator.
1977AndrĂ©s Caicedo, Colombian author, poet, and playwright (born 1951)[â ]
Luis Andrés Caicedo Estela was a Colombian writer born in Cali, the city where he would spend most of his life. Despite his premature death, his works are considered to be some of the most original produced in Colombia. Caicedo led different cultural movements in the city like the literary group "Los Dialogantes", the Cinema Club of Cali and the "Ojo al Cine" Magazine. In 1970, he won the First Literary Contest of Caracas with his work "Los dientes de caperucita" that opened the doors of national recognition for him. Some sources say that he used to say that to live more than 25 years was a shame and it is seen as the main reason of his suicide on March 4, 1977, when he was that age.

1977William Paul, American lawyer and politician (born 1885)[â ]
William Lewis Paul was an American attorney, legislator, and political activist from the Tlingit Nation in Southeast Alaska. He was known as a leader in the Alaska Native Brotherhood, and became the first Native attorney and first Native legislator in Alaskan history.
1977Lutz Graf Schwerin von Krosigk, German jurist and politician, German Minister for Foreign Affairs (born 1887)[â ]
Johann Ludwig "Lutz" Graf Schwerin von Krosigk was a German senior government official who served as the minister of finance of Germany from 1932 to 1945 and de facto chancellor of Germany during May 1945.
1977The 1977 Vrancea earthquake in eastern and southern Europe kills more than 1,500, mostly in Bucharest, Romania.[â ]
The 1977 Vrancea earthquake occurred on 4 March 1977, at 21:22 local time, and was felt throughout the Balkans. It had a magnitude of 7.5, making it the second most powerful earthquake recorded in Romania in the 20th century, after the 10 November 1940 seismic event. The hypocenter was situated in the Vrancea Mountains, the most seismically active part of Romania, at a depth of 85.3Â km.
In 1977, the world population was approximately 4,217,863,796 people[â ]