Word: banker
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Dates: during 1960-1969
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...ever a feller needed a friend, it was Willie. And sure enough, a guardian angel appeared: Jacob Shemano, 51, president of San Francisco's Golden Gate National Bank. Jake Shemano looks more like a Hollywood Buddha than a banker; he favors green velvet shirts, smokes English Ovals like he was trying to give up Bantron, and originally became a good friend of Willie Mays, he explains, because "I am a very athletically inclined person myself." By mid-1963, he had talked Mays into depositing every cent of his $105,000 salary into the trust department of Golden Gate National...
...papers remained loyally silent, Bernhard leaked the story to the foreign press, and the resulting uproar brought the Queen and government into direct conflict. As a result, Greet Hofmans moved out of the palace and now lives in an old-fashioned wooden trailer on the estate of a Dutch banker...
...this may slow but surely will not eliminate the flow of unlikely acquisitions. The FDIC has taken over a string of race horses that had been bought by a California banker with embezzled funds, has also held resort hotels, antiques, furs and whisky warehouses. Occasionally the agency is even able to operate such enterprises more profitably than the original owners. It turned an abandoned Idaho gold mine into a tourist attraction, and still owns a Texas oilfield that earns $3,000 monthly...
Love affairs have a way of lingering on beyond good sense. In 1956, Investment Banker Cornelius ("Corny") Shields, then 61, suffered a serious heart attack, was advised to give up competitive sailing. But by 1958, "the grey fox of Long Island Sound" had becalmed his doctors and masterminded the Columbia's victory in the America's Cup competition trials. In 1962 he again overruled medical protests to help out in Columbia's unsuccessful bid to be the U.S.'s Cup defender. But now it is over. Last week, acting as executor for the estate...
...Chamber of Commerce, which recently has been speaking with a strong, anti-big-government voice, last week began talking in the well-modulated tones of its newly elected president, Detroit Trucking Tycoon Walter F. Carey, 58. Unlike his predecessor, Delaware Banker Edwin P. Neilan, who cried out against federal spending and call Congressmen "bagmen," Carey aims "to make the idea of a great business-government partnership less a cliché and more a productive reality" during his one-year term. Carey, who built a $20 million business fiefdom by pioneering the trucking of new cars from plants to dealers...