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...deal I have ever signed," crowed Scott. "To the best of my knowledge, it is the biggest such deal ever made." The deal: endorsement by the Yankee sluggers of a new line of men's and boys' clothing, named Mantle-Maris Wear. The payoff: a $45,000-a-year guarantee for each man for the next three years and a percentage of the sales...

Author: /time Magazine | Title: Sport: Yankee Haberdashers | 12/22/1961 | See Source »

...they trooped glumly into the wood-paneled splendor of their boardroom one morning last week, 26 governors of the American Stock Exchange steeled themselves for an unpleasant task. An hour later the deed was done. Out of his $75,000-a-year job as president of Amex went genial, silver-haired Edward Theodore McCormick, 50. Out along with McCormick went his right-hand man and chief adviser, Exchange General Counsel Michael E. Mooney...

Author: /time Magazine | Title: Wall Street: Little Mac's Exit | 12/22/1961 | See Source »

While his father-in-law, William E. Stevenson, 61, a longtime president of Oberlin College, was slated for the prestigious, $27,500-a-year ambassadorship to the Philippines, New Jersey's lame-duck Democratic Governor Robert Meyner, 53, was headed for New Frontier oblivion. Unsummoned to Washington despite the attempts of top New Jersey Democrats to land him a job with the Administration, the former Phillipsburg lawyer-who took a fatal hesitation step before jumping on the 1960 Kennedy bandwagon-announced that he would be returning to private practice. As Meyner himself once confided, "The Irish Mafia doesn...

Author: /time Magazine | Title: People: Dec. 15, 1961 | 12/15/1961 | See Source »

...around in Wall Street's rumor mills for days before it became public, one of the nation's industrial giants last week rejiggered its top management. Out as president of the kaleidoscopic Radio Corp. of America went John Lawrence Burns, 53, who took on the $200,000-a-year job under a ten-year contract less than five years ago. A top-drawer management consultant, Burns came to RCA from Booz, Allen & Hamilton, where he had been rated an expert on the problems of running big corporations and had included RCA among his clients...

Author: /time Magazine | Title: Personnel: New Head at RCA | 12/8/1961 | See Source »

Divorced. By Richard Wagstaff ("Dick") Clark, 31, $500,000-a-year disk jockey and baby-faced idol of the rock-'n'-roll set; Barbara Mallery Clark, 30, his high school sweetheart; after nine years of marriage, one child; in a Philadelphia court that kept secret the grounds for the decree...

Author: /time Magazine | Title: Milestones: Dec. 1, 1961 | 12/1/1961 | See Source »

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