Word: controllable
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Dates: during 1940-1949
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Financier Odium, who bought control of Consolidated at a time when the Air Force was thinking of cutting back B-36 orders, and now stands to gain by the Air Force's decision to spend $500 million more on new B-36 orders and modifications (among the modifications: auxiliary wingtip jet engines...
...Change. It would be hard to imagine a greater contrast between two men. When big, bald Louis Johnson two months ago stepped into James Forrestal's place, control of the nation's second biggest office passed from a wiry, introverted, unpolitical public servant to a 202 lb., hearty, hail-fellow man of action who had been a politician for most of his adult life. By last week the change of command and the change in methods that went with it had sent uneasy rumors and angry charges up & down the 163 miles of corridors in the Pentagon, where...
Floyd B. Odium, 57, slim, publicity-shy president of the octopoidal Atlas Corp., a Wall Street investment company. One of the nation's most spectacular financiers (e.g., RKO, Greyhound Lines), Odium has made a specialty of buying up control of companies, putting them in good running condition, then selling out at a handsome profit. A recent buy (1947): Consolidated Vultee (he is board chairman). Other Atlas interests: United Fruit, American & Foreign Power (a subsidiary of Electric Bond & Share). A longtime Democratic angel, Odium was at first none too wild about Harry, but stoutly supported him. He gave...
Nebraska became the first state to abolish rent ceilings under the new federal rent-control law. The one-house legislature last week passed the law over the veto of Governor Val Peterson, who was against rent control too, but wanted it to last until April i, 1950 to avoid the hardship of rent boosts and evictions during the rugged Nebraska winter. The new law left landlords free to charge whatever rents they please after Nov. i for the 91,000 houses and apartments in Nebraska that are now under federal controls...
...Western delegates believed that Russia was pursuing the tactic of a maximum, impossible demand at the outset. Vishinsky wanted: 1) re-establishment of a four-power Control Council to exercise "supreme power" in Germany; 2) re-establishment of the Inter-Allied Kommandatura in Berlin; 3) creation of an "All-German State Council"; and 4) reestablishment of the All-Berlin Magistrat...