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...Brown was a $25,000-a-year product manager with General Foods and Goodwin was a $14,000-a-year Justice Department antitrust lawyer; but neither of the two former prep school chums (Choate) was having much fun. They examined some 20 industries for prospects and chose juvenile equipment because of its lack of innovation. Then they persuaded an engineer friend, Jim Sloan, to design a product, and the Umbroller rolled out. Brown and Goodwin raised $120,000 from their bank accounts and relatives, quit their jobs and founded Cross River Products Inc., with headquarters in their living rooms...

Author: /time Magazine | Title: Business: Baby Steps to Success | 11/5/1973 | See Source »

...president, quiet, methodical Warren W. Lebeck, 52, an officer of the C.B.T. for the past 19 years. Lebeck was picked by the board of directors after a divisive five-month manhunt. He is a compromise candidate, who lacks the charisma and political clout of his $110,000-a-year predecessor, Henry Hall Wilson, a well-connected Democrat who returned home to North Carolina last June to challenge Sam Ervin for his Senate seat in 1974. But Lebeck may be the perfect...

Author: /time Magazine | Title: Business: Commodity Compromise | 10/29/1973 | See Source »

After several weeks of difficult negotiations with himself, 49-year-old W.J. ("Bill") Usery Jr. has decided to throw his hat into the ring alongside those of all the other labor leaders who are hoping to succeed 79-year-old George Meany as head of the roughly 14 million-member AFL-CIO. Usery will leave his $40,000-a-year post as President Nixon's chief labor negotiator and director of the Federal Mediation and Conciliation Service-from which an appointment as Secretary of Labor might have been easy to grasp. As head...

Author: /time Magazine | Title: EYECATCHERS: Middleman Moves Over | 10/29/1973 | See Source »

...third-grade teacher in Jacksonville, Fla., was halted the day after it started by a book cart that fell on her foot and broke her toe. Now, two years after the accident, Julie, who holds a master's in education, is returning to work as a $10,000-a-year editor for four children's magazines owned by Curtis Publishing Co. A White House spokesman said that Julie decided to get a job when she realized that her husband David Eisenhower, who is entering law school at George Washington University, "will be studying all the time." She will...

Author: /time Magazine | Title: People, Sep. 24, 1973 | 9/24/1973 | See Source »

...Harwood, 72, sees the dollar on the road to worthlessness as a result of three decades of inflating the money supply, but he refuses "to set a date for the collapse-we just say it's inevitable." Harwood claims that about 20,000 people subscribe to his $15-a-year investment bulletin, and his firm manages about 600 portfolios. He says that clients who followed his advice have doubled the value of their investments in the past 18 months by buying gold coins and South African gold-mining stocks...

Author: /time Magazine | Title: INVESTMENT: Selling Gloom | 8/20/1973 | See Source »

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