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...from record earnings of $67.3 million in 1993.) Its stock, listed on the Bahrain Stock Exchange, has quadrupled in price since the bank's founding. But for Investcorp clients who participate in takeovers arranged by the bank, it has not always been smooth sailing. Many deals have been duds. Dellwood Foods, a troubled New York dairy acquired in 1985, languishes unsold in Investcorp's portfolio. Also unsold is Chaumet, a world-famous French jeweler, which has racked up millions of dollars in losses. Other flops include the Carvel ice-cream chain and New York Department Stores of Puerto Rico, disposed...

Author: /time Magazine | Title: INVESTCORP: ALL THAT GLITTERS... | 11/6/1995 | See Source »

...given a conference center in Caux, Switzerland, purchased in the 1940's for more than $840,000 and London, facilities in Berkeley Square worth $560,000. MRA also owns the Westminster Theatre in London, which cost $400,000 (Washington Post 4-9-61) and the $250,000 Dellwood estate in Mt. Kisco, N.Y., given to the movement in 1950 by Mrs. John Henry Hammond of the Vanderbilt and Sloane families (New York Times 1-5-50). There are also reports of numerous donations of over $100,000 (Tom Driberg, The Mystery of Moral Re-Armament). It seems ironic that...

Author: By James K. Glassman, COPYRIGHT 1967 BY HARVARD CRIMSON INC.(SECOND OF TWO ARTICLES) | Title: Moral Rearmament: Its Appeal and Threat | 3/28/1967 | See Source »

...fear of fire in the nursery had long haunted Freda Holland. 41, a night nurse at Reading's Dellwood Maternity Home. 36 miles west of London. Early on Easter Sunday, it rose to grip her heart in panic as she opened the door behind which lay her newest charges: 15 babies, none more than nine days old. The room beyond was filled with smoke; flames licked through the floor amid the cribs, and one baby's bedding was already taking fire. Sister Holland screamed for help and rushed into the ward. Another nurse came to help, but they...

Author: /time Magazine | Title: Foreign News: Errand of Mercy | 5/3/1954 | See Source »

...coma while doctors did their best to graft new skin on her severely burned arms and face, and baskets of flowers from grateful parents were carried in. That night, in the same hospital, two of the rescued babies died from smoke poisoning. Two others died in Dellwood. Next day, despite desperate treatment with oxygen and penicillin, four more of the babies died. One by one, as the hours wore by and mothers prayed and doctors worked, the other victims of the smoke-filled night succumbed until only two were left...

Author: /time Magazine | Title: Foreign News: Errand of Mercy | 5/3/1954 | See Source »

Politically, the Yalemen have lagged a bit. "Our most successful politician is the man who got himself unanimously elected mayor of Dellwood, Minn., where a total of seven votes was cast." But in another field, the class of '36 has proved more enterprising. Among the books it has written: Search for the Spiny Babbler, A Pattern of Politics, Collective Bargaining and Market Control in the New York Coat and Suit Industry, Alkylaminoalkyl Esters of Aminonaphthoic Acids as Local Anesthetics-and The Wall...

Author: /time Magazine | Title: Education: Men of '36 | 9/8/1952 | See Source »

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