Word: buts
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Dates: during 1960-1969
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Schools in New Brunswick, N.J., hard hit by vandalism and racial turmoil, were forced to close for a day last October when Chicago's Continental Casualty Co. refused to renew coverage. Elsewhere, premium rates are rapidly inflating. Atlanta's school fire insurance costs rose from $60,000 to...
New York City, says Fantus President Leonard Yaseen, is just no place to work. Yaseen gives it a low rating for reasons as varied as crime, air pollution, strikes, employees' attitudes toward work and operating costs. He cites high and rising city income and occupancy taxes, as well as...
U.S. officials, far from celebrating their victory, were negotiating an arrangement to prevent the free-market price from dropping below $35. They intended to do so by loosening up the U.S.-inspired boycott against South African gold. Under the boycott, central banks had bought hardly any South African gold; this...
Move Them Up Fast. He will be a contrast to his predecessor, Rudolph A.. Peterson, who has reached the mandatory retirement age of 65. Peterson is gregarious; Clausen is reserved. In conversation, Clausen uses few gestures and speaks to the point without small talk, though an occasional boyish grin...
Clausen grew up in Hamilton, Ill., where his father, a Norwegian immigrant, owned and edited the local paper. He studied law at the University of Minnesota (LL.B., '49), and got a part-time job counting cash at the Bank of America while preparing for bar exams. After he passed...