Word: assets
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...their tax returns public or revealed their net financial worth; others say they are preparing to open their books to the public or are considering doing so. Last week Massachusetts Senator Edward M. Kennedy released his U.S. tax return for 1973, thereby displaying what will surely be a political asset: he paid a lot of taxes...
...battery was perhaps the Crimson's best asset with not one, but three ace pitchers and a catcher with a very good arm in Dan Williams. Besides Driscoll, pitching coach Bob Lincoln could throw Milt Holt who lost only one of nine contests, or Mike O'Malley who stepped into the captain's shoes and pitched very good ball in spite of not getting the wins at first. Against Yale, for instance, O'Malley did not allow a single earned run only to have the Eli pitcher toss a no-hitter and O'Malley took a 2-1 loss...
...Boeing 707 jetliner lavishly fitted out with a dis cotheque, a sauna for five and sleeping quarters for twelve. Vesco may have thought his expensive toy was safe, but one of his more determined creditors reckoned otherwise. In what may turn out to be one of the most bizarre asset-recovery schemes on record, Alwyn Eisenhauer, Vesco's former pilot, settled a beef against his old boss simply by talking his way aboard the plane, then flying it home...
...that he is owed $55,000 in back pay, crew salaries and expenses by the plane's owner, Fairfield General Corp., a New Jersey firm that had been part of Vesco's corpo rate empire. Eisenhauer had a bold plan to recover Fairfield General's principal asset-Vesco's 707-and he took it to the company's receivers. They in turn took the idea to New Jersey Superior Court Judge Irwin Kimmelman, who was overseeing efforts to liquidate Fairfield General. After a few discreet phone calls located the plane at Panama City...
...head of the Italian subsidiary of Worthington Pump International Inc., the world's largest pump company, Paolo A. Gamboni acquired an asset that continues to elude most Italian business men: he won credibility with labor. While other firms were crippled by strikes or outsize contract settlements, Worthington Italiana multiplied its sales fivefold in the past ten years. In 1970 Gamboni was also put in charge of Worthington companies in five other European countries, and last month he was elected president of Worthington Pump International itself-a subsidiary of Studebaker-Worthington Inc. -which operates in 14 countries and expects...