Word: bigs
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Dates: during 1960-1969
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...teenager, he turned down several pro offers in order to earn a degree in business at the University of Michigan, where he was an All-America hockey player. Belatedly he joined the pros in 1962 and spent the next seven years on the fringes of the big time-never quite making the first team of the Canadiens or the Rangers, "I've known many fellows who had great potential," he says, "but they were just never given the chance to develop...
...offense the Blues have Berenson. Both Hall and Plante agree that he is well on his way to becoming the league's newest and most exciting superstar. Says Hall: "Red's got every move in the book and then some. He's big. He skates like an express train, and he shoots as hard as anyone in the league, including Bobby Hull...
...also has very little coal or iron. When, in 1947, some Italian leaders requested a World Bank loan to build a steel industry, the bankers rather snidely advised them to stick to growing tomatoes. But Industrialist Oscar Sinigaglia, then head of the state-owned Finsider steel complex, landed a big order from Fiat and went on to locate his mills at ports, where ships bring in coal and steel from the cheapest foreign sellers. Finsider is now Europe's biggest steel producer, and last year Italy's output rose from 17.4 million tons to 18.7 million, fifth highest...
...average 5% a year, to $72 billion in 1968, and is expected by the European Economic Commission to gain another 6% this year. It is true that Italy is growing fast partly because it has considerable catching up to do; Italy's economy remains one-twelfth as big as the U.S.'s economy and half the size of West Germany...
Such successes have made Fiat one of the few really big, privately owned Italian companies that do well in an unusual mixed economy where 20% to 25% of industry is held by government-controlled corporations. These corporations, which are concentrated in steel, transportation, construction and other basic industries, often have a privileged access to capital that leaves smaller private companies short of cash-an ill that has never befallen Fiat...