Word: donners
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Dates: during 1960-1969
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...White House last week and disgorged the biggest businessmen in the U.S. While many of the nation's board rooms stood deserted, the tycoons assembled to see the most important chief executive officer of them all. U.S. Steel's Roger Blough and General Motors' Frederic Donner were there; so were Du Font's Lammot Copeland, IBM's Thomas Watson, General Electric's Fred Borch-and 330 other chiefs of banks and corporations. Lyndon Johnson had invited them to a 90-minute session behind closed doors in order to sell them his "voluntary" plan...
Precisely because the program is vague and voluntary, its success will depend primarily upon how businessmen react to it. Such industrialists as G.M.'s Donner and RCA's David Sarnoff pointed out that their companies already have favorable trade balances, thus implying that the President could expect little more from them. A number of bankers echoed the criticism made by European financial leaders that Johnson had attacked the symptoms rather than the basic causes of the deficit. They pointed out that, in a rush to beat the voluntary controls, U.S. banks have probably already exceeded...
...M.I.T. chairman gets more than $360,000 in a moderately good year, plus another $200,000 for doubling as boss of the sister fund, Massachusetts Investors Growth Stock Fund. (Though generous, this is still well below General Motors Chairman. Frederic Donner, who made $800,000 in 1964.) Starting soon, the huge M.I.T. check will be made out in the name of a new man. Last week the fund announced that Kenneth L. Isaacs, 60, M.I.T.'s vice chairman for the past eleven years, will succeed Dwight P. Robinson Jr., 65, as board chairman...
...LOVE. A merry young widow (Harriet Andersson) lets a red-blooded travel agent (Zbigniew Cybulski) allay her grief. Result: a lusty, lightsome sex comedy by Swedish Director Jörn Donner...
...million, 80% of which will be spent in the U.S. Ford hiked its program 50% , will spend $400 million at home and $300 million overseas, although President Arjay Miller said that strike-incurred losses had cost the com pany 10% of its potential earnings in 1964. General Motors' Donner and President John Gordon raised earlier plans to spend $1 billion to $1.1 billion, 20% more than 1964; 75% will be spent in the U.S. Part of G.M.'s capital spending for the next few years will go into a new Eastern headquarters, a controversial 48-story Manhattan tower...