The Eighth Hungarian Tribe, 1984 (11. évfolyam, 1-12. szám)
1984-01-01 / 1. szám
PROFILES IN FOCUS Nicholas L. Deak: The Hungarian “Money Man” of the World — by — Paul Pulitzer A letter was published in the October, 1983, issue of The Eighth Hungarian Tribe. It read as follows: “Dear Mr. Chomos: . . . You might want to continue to mention to your readers the facilities offered by our offices in making Hungarian Forint Gift Checks available to those who want to send money to their friends and relatives in Hungary. As you know, these Gift Checks are sold at the lowest official rate of exchange without extra charge, and they are encashable at all the offices of the Hungarian National Savings Bank, of which there are many hundreds all over Hungary. These Gift Checks are quite 'popular, and they can also be used by people who visit Hungary. Travelers can take them along, and by doing so they are protected against loss and they don’t have to worry about exchanging foreign currencies or taking Forints with them into Hungary. ...” The author of this letter was Nicholas L. Deak. His name triggered a journalistic hunch that there had to be an interesting story behind it. Tracking down this hunch led to the offices of Deak-Perera U.S., Inc., at 29 Broadway, in New York City. The World of Deak-Perera One has to be gifted with a vivid imagination, indeed, to understand and appreciate the depth and breadth of the Deak-Perera organization. Otherwise, it could stagger the mind. Just imagine a worldwide network of offices. Imagine retail clerks who speak three languages, and who have at their fingertips the prices of any of 120 foreign currencies. Imagine a team of gold traders speaking with the money markets of Zurich one moment, and trading several thousand dol.ars in gold bullion the next. Just imagine a branch manager taking time out to show a first-time visitor or traveler what the French Franc looks like, and how much to tip the taxi driver who will take him from the airport to his hotel in Paris. Just imagine an organization so solid that the world’s largest corporations count on it to make complicated foreign transactions, a company so reliable that banks around the world buy and sell money through it. Just imagine a highly professional financial company — a company like no other in the world — and you begin to imagine the world of Deak-Perera. A world which revolves around one single element - MONEY. The Headquarters of Deak-Perera U.S., Inc., at 29 Broadway in New York city. Page 12 The Eighth Tribe