Word: bradford
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Dates: during 1970-1979
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Because cash-rich companies such as IBM, Teledyne and United Technologies are either buying their own stock or making daring acquisitions, the Kennecott strategy seems uninspired to many analysts. Says one, Charles Bradford of Merrill Lynch, Pierce Fenner & Smith: "The only reason to buy that stock is because it's a takeover candidate." With the company's stock priced at about $30 a share on the New York Stock Exchange, Kennecott's market valuation is $996 million-far below its book value. At that $30 price, a buyer of the company could acquire assets worth...
Kennedy went so far as to promise that he would become Laetrile's biggest senatorial booster if a test showed that the substance was effective against cancer. But members of the self-styled apricot-pit gang remained hesitant. Said Robert Bradford, president of the right-wing Committee for Freedom of Choice in Cancer Therapy, Inc.: "Orthodox medicine is not qualified to evaluate Laetrile." For one thing, Bradford and his cronies objected to the Government's plan to limit any test to terminal cancer patients. The Laetrile advocates also demanded that the clinical test involve not just Laetrile...
...most outspoken critic was Food and Drug Administration Chief Donald Kennedy. Said he: "I do not believe that anyone has the right to debase the concept of freedom by swindling those who are desperate for their lives." Other federal officials testified that Bradford alone had pocketed $675,000 in profits from $1.4 million in Laetrile sales over 2½ years...
Later, in letters that he wrote to his biographer William Bradford Huie, Ray claimed that he had merely followed directions from a man he had met in a Montreal bar after his escape from the Missouri prison. Ray claimed he knew the blond Latin stranger only as "Raoul." He told Huie that Raoul had asked him to smuggle unnamed contraband into the U.S. from both Canada and Mexico, then buy a car and a rifle in Birmingham, and finally to drive to Memphis and check into a sleazy rooming house facing the Lorraine Motel, where King was staying. Ray insisted...
...contact with the masters of the power game. Even now, his former Senate staff people move easily through Washington's marbled halls. Elliot Richardson '43, Jonathan Moore, a Richardson aide and director of the Kennedy Institute of Politics, Tom Winship, editor of The Boston Globe, former Rep. F. Bradford Morse, State Senator William Saltonstall (his son), and the repentant Chuck Colson all worked for Salty in the Senate...