Word: big
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Dates: during 1950-1959
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...interior. "It's like the Vati can," exclaimed one painter, staring up at the great dome. "You would need a piece of sculpture the size of the old Athena in the Parthenon for this place," worried Sculptor William Zorach. "Even when he made a mistake, he made a big one," opined Sculptor Jacques Lipchitz. But, looking across the well at the opening show of 134 paintings and sculptures selected from the 2,500-odd works in the Guggenheim collection, most were forced to concede that the great curved ramps provided the most dramatic setting abstract art has ever...
Even some of the struck steel giants, despite big quarterly losses, reported nine-month earnings well ahead of last year. Third-ranking Republic reported a net loss of $24,861,406, biggest quarterly loss in its 60-year history. But because of a record second period, Republic's nine months' net was $2.69 per share v. $2.50 last year. Youngstown Sheet & Tube Co., No. 6 among the nation's steelmakers, had a third-quarter loss of $7,149,660. In the first nine months of 1959, Youngs-town's net was $6.20 per share...
...bank, the differences between the old and new are just as great. Once, the House of Morgan dealt only with the biggest customers, selected with great care, as if they were being privileged to join an exclusive club. The Morgan Guaranty still deals primarily with big customers, but it hunts them with all the relish of a pointer after quail. Alexander has 70 bright young men, his "bird dogs," who spend all their time hustling up new customers, keep them happy with everything from new or better ways to use their money to getting them theater tickets...
...himself is Morgan Guaranty's chief bird dog. He moves through a constant round of meetings, receptions and official dinners with bankers, ambassadors, corporate presidents. He is constantly on the alert for the clue that will tell him where to find a potential customer, where to make a big new loan. His door is never closed to those who want to see him. In a recent week he met with the Belgian ambassador and the finance minister of Rhodesia and Nyasaland, played host to several distinguished British bankers, received half a dozen officers of corresponding banks. One customer summed...
...specialty of both J. P. Morgan and Guaranty: catering to the top level of business, finance and government. Morgan Guaranty is the biggest U.S. bank that is strictly "wholesale"-and one of the few wholesale banks left. Says Alexander:"We don't want to be just another big bank. We want to be a special kind of bank, where all the expertness that American business wants can be found...