Word: baughman
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Dates: during 1960-1969
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Irksome though he finds it to be party to such legerdemain, Fannie Mae's taciturn president, J. Stanley Baughman, explains simply: "We do what we have to do." Pittsburgh-born Baughman, an up-through-the-ranks federal careerist since 1933, made his mark among mortgage men by turning the depression-born Home Owners' Loan Corp. from a money loser into a profit maker. Taking over Fannie Mae in 1950, he tightened up loose operating procedures, chopped his staff while the work load doubled, won a reputation as an administrator who could say no without ruffling too many tempers...
...BAUGHMAN Middletown...
...example), and five Congregational ministers, who represent church help in founding the school but who shun any supposition that they should exercise religious control over it. With such impressive auspices, New College persuaded Historian Arnold Toynbee to be visiting professor this winter. He had doubts about the heat, but Baughman astutely pointed out the precedents for intellectual achievement in warm climates: the ancient Greeks and Aztecs...
...called "colleagues," and rules are called "expectations." But with most courses in give and take seminars or tutorial sessions, the school hopes to avoid the academic laxness that a free rein might encourage. "It could be Suntan U., but it won't be," says Florida-born George Baughman, 49, who resigned three years ago as vice president for business affairs at New York University to head New College...
With New College at last a reality, President Baughman is floating along on a cushion of enthusiastic adjectives: "Marvelous, exciting, superb, inspiring." And besides, he says, "the acoustic qualities of carpeting bring a whole new dignity to the educational effort...