Word: banker
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Dates: during 1960-1969
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...axiom was one reason that lean, lively Rupert C. Thompson Jr., 58, accepted an invitation seven years ago to succeed Royal Little as head of Rhode Island's vast Textron Inc. Whenever bankers run a company, so went the axiom, the company goes to pot; Thompson, who had spent 28 years in New England banking, wanted to prove that it isn't so. As chairman, he completed Textron's move out of low-profit textiles and into broadly diversified manufacturing. Last week, grown to 26 divisions that produce everything from eyeglasses and iron cookware to rocket engines...
...Israel's Bezalel National Museum. "The Guggenheim is nothing compared to what my museum is going to be," boasted Billy. And why was he giving away his collection? "After I'm gone I don't want all this stuff bought at auction by some thin-lipped banker for his home in Peekskill. Not that I don't like bankers. I do. I just don't like Peekskill...
WHILE he was chairman of Wall Street's powerful First Boston Corp., lanky George D. Woods was an orthodox banker by day and a gambler in his off hours. Woods did his gambling as a Broadway angel, bankrolled a few flops but also a list of such long-runs as Sailor, Beware! and Dead End. As World Bank president, Woods, 62, is now serving as angel for more universal enterprises. Under Eugene Black, the bank prospered by making hard loans for productive public works. When he succeeded his longtime friend last year, Woods recognized that the bank had undergone...
...Sarson is no ordinary caricature of a capitalist. He is a suave banker who hurts others most when he is being helpful and who always gets what he wants-but quietly. Andrew loves and fears him as a father figure. Socialistic Stella is also attracted by this man of power. "With Sarson," she muses, "it would be like being pinned down by a big panther, and evidently I want to be pinned down by a big panther...
...Banker Sarson soon deposits her in his bed. Ironically, at that very moment, Andrew summons up the courage to challenge Sarson. He has discovered that Sarson, who is also a director of the Bank of England, has used his inside knowledge of the Bank's decisions to make a killing. Andrew spreads the word about, but he has not reckoned with the solidarity of the British Establishment. The honor of one of its members impugned, the Establishment closes ranks and freezes Andrew out. A director of the Bank of England threatens to sue him for defaming that venerable institution...