Word: credos
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Industrialist Frank Kearton, 51, managing director of Courtaulds, Ltd., has boosted profits 25% in the last six months. Balding, bespectacled Kearton took a First in natural science at Oxford, flies 100,000 miles annually on Courtaulds business (which includes building four textile plants in Russia), and everywhere plugs his credo: "Make fiber cheaper than anyone else in the world, and don't market it until you can. Then you damned well get up, get out and sell, sell, sell...
Hang Seng inherited this credo from its founder, the late B. Y. ("Big") Lin, who used a shrewd sense of timing and a quiet cadre of agents to "influence" the gyrating gold markets in Canton and Shanghai during the 19305. Lin cashed in when refugees from the Japanese invasion of China flocked to Hong Kong to change their Chinese folding money for gold. When the Japanese occupied Hong Kong. Hang Seng deftly resettled in unoccupied Macao; it moved back to Hong Kong right after the war. then profited from another rush for gold as the Communists swept down into central...
...opposite. I hope that we will work together even more often in the future and will discuss together things of great importance for our people." Adenauer noted that the ex-Defense Minister had undergone many bitter experiences. Then der Alte concluded with what may well be his own credo, by saying: "But bitter hours are necessary for the formation...
...There has risen lately in journalism a credo that writing should be simplified. Write as you talk, the mentors say. But most people should not even talk as they talk. And writing is different from speaking; it must have rhythm and accent and imagery...
...smaller Hong Kong Electric. The brothers are determined to hold control of the new giant. The Kadoories smile away all criticism. Says Brother Lawrence: "We've grown with Hong Kong, and we consider ourselves Hong Kongers first. Britishers second. We intend to remain here." Carrying on the family credo, which is "Adhere and Prosper," Lawrence's only son, Michael, 21, is training at a bank in Britain, will go home soon to pick up third-generation supervision...