Word: cash
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Dates: during 1960-1969
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...gazing raptly at one of her own oil paintings (title: Chinatown), told newsmen that the marriage had gone bad because she had been too much a "mother" to Lee. Already getting $2,500 monthly in temporary alimony, Amateur Artist Lamarr settled for roughly $500,000 of Lee's cash and oil holdings - making her more susceptible than ever to becoming the vic tim of the classically defined Hollywood heel: "The kind of man who would marry Hedy Lamarr for her money...
...Billion Expansion. What started the rumors of a bigger dividend? Nothing more than a hope among Wall Streeters. They reasoned that since A.T. & T. was in the best cash shape in years, it should be able to pass on a boost to stockholders. No such luck. President Kappel said that A.T. & T. needs the cash for expansion. In 1960, said he, A.T. & T. plans to spend $2.6 billion on capital improvements, the largest sum ever...
...option is also one of the strongest cords to tie a man to a corporation. At General Motors Corp., key executives are given cash and stock bonuses, plus options to buy G.M. stock based on the amount of their bonuses. Few leave for other firms because if they do they must forfeit their options and must also give up a big part of their bonuses, which are paid out over a period of five years...
...former Denver businessmen, Glenn I. Payton and David O'Keefe, bought 12,000 acres of ranch land on the big, outlying Island of Hawaii for $55,000 cash and a $200,000 mortgage. After putting in $270,000 worth of roads, they subdivided the land into 4,000 "Tropic Estates," sold them...
...John R. Brinkley, a small, dapper, goateed North Carolinian, who seemed certain that society rests upon a thick substratum of cement-heads, combined elements of the demagogue and the religious faker, but above all he was a medical quack-perhaps the greatest quack ever to barter colored water for cash. Author Carson tells the story in a slapdash, cornball style that suits his subject well...