Word: dreyfusism
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...target for the end of 1971 is a total of 100,000 citizens. The Cause's kitty has built up at least as rapidly. Gardner, who once headed the Carnegie Corporation, has already raised some $900,000 through memberships. Two early financial angels were Howard Stein of the Dreyfus Fund and John D. Rockefeller III. Experienced men-about-government are signing on as permanent or part-time advisers-among them Sam Brown, 27, a leader of the 1969 antiwar Moratorium, and Peter Edelman, 32, who was a key aide to Senator Robert Kennedy. One source of legal advice...
...survive or, failing that, be taught never to risk entering again. Victor Hugo's Jean Valjean -sentenced in perpetuity as the result of a petty theft, remorselessly pursued by the forces of the law, redeeming himself by acts of courage and charity-is a French epic hero. Alfred Dreyfus is his counterpart in the real world of politics and treason. Few American readers will feel Gallic tremors of empathy when Papillon sits on Dreyfus' very bench as he plots escape from Devil's Island, or when, in a Hugo-like episode, he risks his life trying...
...recalls. "Though I was making about $50,000 a year, Bache didn't let me rise fast enough." In 1955, Stein quit and joined Dreyfus...
...that time, The Dreyfus Fund was a midget, with assets of only $2,300,000. Stein earned a reputation as a shrewd stock analyst, helping to steer the fund into rapid risers, including Polaroid. Within a few years he was chief assistant to Jack Dreyfus Jr., founder of the fund. In 1962, at 35, Stein suffered a mild stroke, but recovered with no aftereffects. When Jack Dreyfus retired five years ago to enjoy his multimillions, he turned control of the business over to his protege, the ex-violinist...
...managing the Dreyfus Corp., Stein is paid $160,000 a year; he also owns 5% of the corporation's stock, a holding now worth about $2,000,000. He runs his empire in a muted, loosely organized style. Visitors often find him sprawled in an armchair in his corner office on the 35th floor of Manhattan's General Motors Building, his shoes off while he studies charts. Stein's informal clothes, casual manner and diffident speech are outward manifestations of a state of mind. He soaks up information, but prefers getting it from people rather than books. An unschooled...