Word: bankers
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Dates: during 1960-1969
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...where his father, a Norwegian immigrant, owned and edited the local paper. He studied law at the University of Minnesota (LL.B., '49), and got a part-time job counting cash at the Bank of America while preparing for bar exams. After he passed, he decided to become a banker rather than a lawyer. He rose rapidly through a succession of lending jobs, many of them involving the financing of corporate mergers and takeovers. Clausen owes his big promotion partly to the fact that he is eleven years younger than his chief rival, Executive Vice President Clarence Baumhefner. The bank...
Charles ("Pete") Conrad Jr., 39, commander U.S.N., Apollo 12's skipper, is the son of a Philadelphia investment banker and a graduate of Princeton University who displays no trace of Main Line reserve. He is an inveterate joke teller, likes to whistle through the gap between his front teeth and listens for hours to country-and-Western music. At 5 ft. 64 in. he is the second shortest of the astronauts. A pilot since the age of 14, he is still fascinated with flying, particularly acrobatics (he was stunting in a jet over Florida only two days before...
Died. Ferdinand Eberstadt, 79, Wall Street financier and one of the early masters of the corporate merger; of a heart attack; in Washington, D.C. Once described as "a man whose manner is pleasantly abrasive, like a rough towel after a cold shower," Eberstadt was an enormously successful investment banker (F. Eberstadt & Co., Inc.) and mutual-fund pioneer (Chemical Fund), but his greatest fame came from his ability to help arrange some of industry's biggest mergers over the years: Dodge and Chrysler, United Artists and Transamerica Corp., Douglas Aircraft and McDonnell Aircraft and, on the day of his death...
Gund Hall is named for the late George Gund, Cleveland banker and industrialist. His family and foundation contributed a major part of the funds for the building. John L. Loeb, leader of a recent national campaign to raise funds for the School, donated the Frances Loeb Library, named for his wife. Money for the William Thomas Piper Auditorium was given by the descendants of the manufacturer of the Piper Cub airplane...
...college basketball team-and a thoroughgoing heterosexual. In fact, his male lover for the past three months has been a 21-year-old college student. He says: "I live in a completely gay world. My lawyer is gay, my doctor is gay, my dentist is gay, my banker is gay. The only person who is not gay is my housekeeper, and sometimes I wonder how he puts up with...