Word: cash
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Dates: during 1960-1969
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...finances for the Des Moines Register and the Minneapolis Tribune. Knebel estimated Kennedy's worth at about $10 million, thanks mostly to trust funds set up years ago by Joseph P. Kennedy for all his children. He revealed that Kennedy has never owned a credit card, rarely carries cash with him, and maintains separate checking accounts for himself and Jackie...
...much the Trujillos squeezed out of the Dominican Republic in 31 years of misrule will probably never be known. But a respected, independent Swiss newspaper, Basel's National-Zeitung, has made an informed-and startling-estimate. It comes to $800 million, half in cash, half in stocks and bonds, the bulk of it said to be salted away in a neat little empire of numbered Swiss bank accounts and disguised European holding companies. The sum is about equal to one year's gross national product in the Dominican Republic...
Last week Lucille Ball, 51, now stuffed with cash from ear to ear, bought out her ex-husband Desi Arnaz for $2,000,000 and change, becoming the new president of Desilu Productions, Inc., one of the largest and most successful TV producing units in Hollywood (The Lucille Ball Show, Fair Exchange, The Untouchables). Ex-President Desi wants to get out of show business and dive more deeply into his horse breeding, country club and real estate interests. He is leaving Lucy with 52% of a company now valued at $20 million, a figure that almost exactly equals the pile...
...always some people who say 'Look, I'll put up $100,000 or so. You take 49% of the action and everything will be fine.' " The young small businessman is torn between his need for more money and loyalty to original investors; often he takes the cash and loses control...
...Hutton & Co. Bradbury Thurlow, of Winslow, Cohu & Stetson, figured that the upward swing "is a little too big for a false start." He calls the current market a "baby bull," and expects that it will get added nourishment when the mutual funds, which have been hoarding their cash on the sidelines, begin to buy. "They follow the public," he says. "They'll buy blue chips because many of them have been badly burned on growth stocks...