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Washington and Wall Street have wondered whether Lyndon Johnson would brake the SEC by picking a less aggressive chairman. Last week, making clear that the SEC will continue on its energetic course, the President selected a chairman who is at least as vigorous as Gary: SEC Careerist Manuel Frederick Cohen, 51. "There is no chance of any soft stuff taking place," said Manny Cohen. "The program we have started will be continued...

Author: /time Magazine | Title: Stock Markets: Career Cop | 7/17/1964 | See Source »

...Gary made a strong pitch to Lyndon Johnson to pick Cohen, who was already a member of the five-man commission, as the new chairman, and Cohen was not hurt by his close friendship with White House Special Counsel Myer Feldman. Johnson was also under pressure to pick a careerist to soften criticism of his recent appointment of conservative Republican Hamer Budge, a former Congressman from Idaho with little experience in the securities markets, as an SEC commissioner. To fill the vacancy created by Cohen's promotion, Johnson last week chose a Los Angeles lawyer, Francis M. Wheat...

Author: /time Magazine | Title: Stock Markets: Career Cop | 7/17/1964 | See Source »

...Loeb Experimental Theatre is in some ways not a theatre at all. It has more in common with a workshop or a classroom, where new ideas can be born, developed or rejected. The process of education can go on frankly there, free of the careerist anxieties that attend a polished Main Stage play...

Author: By Hendrik Hertzberg, | Title: 'That Day': Dante in a Workshop | 7/16/1963 | See Source »

...victory belonged in large part to the man who relayed the U.S. pressure, short, wiry, U.S. Ambassador Samuel D. Berger. Called "Silent Sam" by the Korean press for his reluctance to make public pronouncements, Careerist Berger, 51, is a discreet, effective, behind-the-scenes diplomat. When General Park last month imposed a new ban on civilian political activities and announced a referendum designed to keep his military junta in power for another four years, Berger set about the task of convincing the general that he must abide by his pledge to President Kennedy 17 months ago to restore civilian rule...

Author: /time Magazine | Title: South Korea: Silent Sam, the Pressure Man | 4/19/1963 | See Source »

...absolved Agriculture Secretary Orville Freeman: "I want to commend the Secretary, for as soon as he got the full facts on this he said, 'This won't do!' and he canceled those cotton allotments." That, in McClellan's mind, seemed to leave Murphy, a Government careerist who helped draft the New Deal's second Agricultural Adjustment Act in 1938 and who served as special counsel to Harry Truman, as the chief culprit...

Author: /time Magazine | Title: Investigations: Setting Up the Fall Guy | 8/31/1962 | See Source »

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