Word: damon
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Speeding Truck. The bitter feud between Columnists Lyons and Winchell flared up when Lyons resigned as vice president of Winchell's pet project, the Damon Runyon Cancer Fund (TIME, Jan. 7, 1952 et seq.). Recently Lyons lighted a firecracker under Winchell by writing a letter to New York City's Police Commissioner George P. Monaghan. The letter suggested that Monaghan revoke Winchell's pistol-toting permit, unless Winchell could pass a "psychiatric" test...
...Damon, who inherited a debt of $56 million and only $6,000,000 in stockholders' equity, has upped the equity to $53 million and held the debt to $60.5 million. "The sheriff has dropped back at least five steps," says he. "It's stopped him from leaning over my shoulder...
...unquestionably, it was Damon, aided by T.W.A.'s Chairman Pierson, the financial boss, who put T.W.A. into sound enough shape so that it could sell $10.5 million of new stock to the public, modernize its whole fleet with $100 million worth of new planes, and pay for all but $6,000,000 of it out of the line's income...
...Boeing Stratoliners. was sold off. The nucleus of World War II's Air Transport Command, they had flown for ten years and 25 million miles without a single accident.* With his 43 new Constellations (including ten Super Connies) and 52 short-haul Martins (including 40 pressurized 404s), Damon has greatly increased T.W.A.'s carrying capacity...
...provides management know-how for airlines in Ethiopia and Saudi Arabia (it also owns 40% of Italy's Linee Aeree Italiane. 5½% of Philippine Air Lines, 15½% of National Greek Airlines). At home, T.W.A.'s once-demoralized management is a smoothly functioning team. Says Damon, grinning: "We've got a wonderful bunch of shrunken empires...