Word: cowett
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I.O.S. president, Edward M. Cowett, also quit, though both he and Cornfeld remained as directors. The board picked a chairman, Sir Eric Wyndham White, who is the former head of the General Agreement on Tariffs and Trade (GATT), and a new president, Richard Hammerman, who is the head of the I.O.S. insurance operations and an increasingly powerful man. Their job was to make the best rescue deal possible...
...mutual funds. The moment that I.O.S. shares began to fall, rumor mills splattered speculative theories all over Western Europe. The British press printed gossip that I.O.S., short of cash, was unloading large blocks of its securities portfolio. Mass-circulation German dailies aired tales (equally untrue) that I.O.S. President Edward Cowett and Sales Chief Allen Cantor were attempting to force out Chairman Cornfeld...
...They said that I had died in a plane crash and that Bernie is dying of cancer in a Geneva hospital," complained Cowett. "Then all sorts of pressure factors came in: short positions, professional selling, margin calls which forced some of our own associates to sell...
Also elected were Moses G. Ehrlich 2L, first year Administrative Chairman, David B. Keller 2L, first year Facts Chairman, Frederick R. Scher 2L, second year Administrative Chairman, and Edward M. Cowett 2L, chairman of the Drafting Committee...
...following ten members of the Class of 1954 were elected to the Board of Students Advisors: Louisa H. Clark, Edward M. Cowett, Moses G. Ehrlich, David B. Keller, David J. Melamed, Allen Redlich, Lester Rosen, Frederick R. Scher, John D. Stoner, Herbert P. Williams...