Word: cohn
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Dates: during 1960-1969
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When Manhattan Lawyer Roy Cohn turned up as head of an investors' group that took control of the money-losing toy train company, Lionel Corp., last fall, Wall Streeters wondered how he had financed the deal. Last week a Lionel Corp. proxy statement revealed that Cohn, onetime chief counsel of the late Senator Joseph McCarthy's Subcommittee on Investigations, was no babe in the jungles of high finance...
...Corp. from 1946 until last fall, was named chairman and chief executive officer of Schick Inc., makers of electric shavers. Cowen, who bought a seat on the New York Stock Exchange at the age of 21, was ousted from Lionel when a new group led by Lawyer Roy M. Cohn took control of the company founded by Cowen's father (who gave his middle name, Lionel, to the toy electric trains he created). At Schick, Cowen succeeds Chester G. Gifford, who took over as Schick chairman in November 1958 when Revlon President Charles Revson bought a controlling 20% share...