Word: chesler
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...eyes of ardent feminists, psychiatrists and psychologists rank high-if not highest-on the list of males who oppress women. The most recent and radical statement of this view is a book called Women and Madness (Doubleday; $8.95) by Phyllis Chesler, a self-styled anarchist who teaches psychology at the City University of New York. The militant wing of Women's Lib enthusiastically approves Author Chesler's attack, and some psychotherapists admit that there is a measure of truth in what she says. The consensus, however, seems to be that her charges are both overstated and underdocumented...
...London holding company headed by British Hardware Tycoon Charles Hayward, another 25% to a New York group led by Investment Banker Charles Allen. To build the hotel and supply the other resort and residential amenities, the Port Authority organized the Grand Bahama Development Co., Ltd. with Canadian Entrepreneur Louis Chesler. The Port Authority put up $2,000,000 and 100,000 acres, Chesler $23 million. Today the $100 million pleasure isle is slowly taking shape...
...total Caribbean tourist trade. Some Bahamians feel that their archipelago will soon outstrip Puerto Rico, and Sands predicts a 1,000,000-tourist year by 1971. One new lure: gambling. In the Bahamas' first real plunge, a casino opened its doors this month at Canadian Financier Lou Chesler's Lucayan Beach Hotel on Grand Bahama...
...Chesler constructed General Development on another corporate shell: Detroit's Chemical Research Co. He bought in cheaply, helped steer the company into Florida real estate, in mid-1957 picked up another 520,000 shares at $7.15 each, and went to work to expand the company. General's earnings rose from $2.1 million in 1957 to $6.6 million in 1958, or $2.80 a share. Yet this is not cash on hand. When General sells an $895 lot for $10 down and $10 a month, it counts the full profit on the sale as current profit, even though it will...
Hunger for Growth. The Midas touch has brought burly Lou Chesler most of the material possessions a man could desire: a 54-ft. yacht, a $250,000 Long Island estate, half ownership of a three-year-old Kentucky Derby hopeful named Atoll, firm control of two growing companies, vast investments in other stocks and Canadian real estate. Still he wants more. Recently he tried to merge Universal with Underwood Corp., got a cool reception and retreated. What makes Lou Chesler run? Answers Chesler: "I just cannot resist the challenge of an obvious business opportunity. Though this may sound corny...