Word: bevans
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...ANEURIN BEVAN: A BIOGRAPHY, VOL. II, 1945-1960 by MICHAEL FOOT 692 pages. Atheneum...
...classic example of the use of corporate power for personal profit." If correct, the charges expose a skein of cozy deals and conflicting interests, and raise questions about the legality of some borrowing and the betrayal of fiduciary trust. The report singled out the activities of David C. Bevan, Penn Central's deposed chief financial officer, and Charles J. Hodge, a former partner in the Manhattan investment banking house of Glore. Forgan (now merged to become F.I. duPont, Glore, Forgan & Co.), who was the railroad's chief investment adviser. Their instrument was Penphil, a private investment company formed...
...Penphil's growth and continued existence, said the congressional report, was credit an "an unusually favorable basis" provided by the Chemical Bank. In deference to the clout Bevan and Hodge wielded at Penn Central, a major customer of Chemical, the bank loaned Penphil more than $1.8 million over seven years. Until last June, the investment group paid the prime interest rate, which is generally reserved for the most credit-worthy blue-chip companies. Nor was Penphil required to leave a compensating balance-usually 20% of the loan- practice that is normal for almost all corporate borrowers. Charged the report...
...company was so desperately strapped for cash that Penn Central directors abruptly dismissed the men they blamed for that plight: Chairman and Chief Executive Stuart T. Saunders, Vice Chairman Alfred Perlman and Finance Committee Chairman David Bevan. Next day, fearful that the collapse of so large a corporation might bring down other companies in the shaky economy, the Nixon Administration took unusual action in order to rescue the ailing railroad from the brink of bankruptcy. Under seldom-used powers of the Defense Production Act, the Defense Department agreed to guarantee up to $200 million in short-term bank loans...
...every right because Mayer has assembled a truly magnificent little cast, distinguished by an incredible variety of voices. Foremost among the voices is that of Yolande Bevan, who lifts the chorus to her own extraordinary level, but not much less distinctive are the speaking styles of Edward Finnegan and Donald Marye, as Cadmus and Teiresias. The best performance of the lot, however, has to be that by Patricia Cutts, who bravely circumvents the sort of theatrics to be expected in a woman who has killed her son and partaken of his remains...