Word: auto
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Dates: during 1950-1959
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...Glass of Tequila. Fenton announced that he had indeed planned to rob the Americans, but that the job had been carried out by two local tourist guides. Quickly arrested, they protested innocence. Then came word that the bodies on the beach were those of two unidentified auto-accident victims. In jail Fenton was interviewed by a U.S. newsman, who gave him a glass of tequila to calm his nerves. Fenton broke the glass, slashed his wrists. Mercilessly, police grilled the remorseful travel agent far into the night-until at last he broke down, confessed in full. At week...
While some Detroiters gossiped that G.M., still scared by congressional investigations and antitrust threats, was purposely holding down production, few in the auto industry accepted that theory. The plain fact was that G.M.'s conservatively styled new models had not caught the fancy of the public as the more radical styling of Ford and Chrysler had. For this reason, automen thought that G.M. was probably gearing its production a bit closer to sales than either Ford or Chrysler. On the other hand, Ford's and Chrysler's models were selling so well that both were stepping...
...Wecker, retiring at 64. Canadian-born. Walker went to work at McKinnon in 1929, climbed steadily through the ranks (inspector, foreman, superintendent, assistant to general manager) to the top of McKinnon in 1953. He arrived just in time to oversee construction of McKinnon's automated V-8 auto-engine plant. To replace Walker at McKinnon, G.M. picked another man from the ranks: Toronto-born E. Jack Barbeau. 44, who came to work in 1934 as a clerk...
...senior vice president of Sears. Roebuck's Allstate Insurance Co., became president, succeeding Calvin Fentress Jr., 49, who moved up to board chairman. Born in Coldwater, Mich., where his family still operates one of Michigan's oldest retail stores, Branch was hired by Allstate for its auto-insurance operation in 1934, has stayed on ever since (except for World War II service as an Army corporal), rising to treasurer, vice president and senior vice president...
...intervention there follow intrigue, blackmail and suicide. Careers are wrecked. Things will never be the same again at the club. But Mr. Wong will appear in the next Honors List, and Milty, though "bowler-hatted" out of his country's service, will carry on as a shady auto salesman in Beirut...