Word: eklund
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Dates: during 1970-1979
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...reality that women are rising all around them-challenging them, changing their companies and generally shaking things up. Men at the very top are pressing this revolution. Even in the most encrusted industries, chief executives like Bethlehem Steel's Lewis Foy, Equitable Life's Coy Eklund, Du Font's Irving Shapiro and many others are telling their troops to find and hire and promote women. Resistance persists down in the middle-management trenches, but it is crumbling...
...trade would not temporarily strenghthen white resistance, prolong the war, or further increase the suffering of the people. There are serious flaws to be worked out, but let us lift our sanctions and enthusiactically encourage the new government. The elections offer a glimmer of something long-lost: hope. Chris Eklund...
...meeting a young black advises Eklund that the company should be recruiting more people at black colleges. But, asks Eklund, isn't it enough that the Equitable is hiring blacks at integrated universities? No, responds the young man, "because kids coming out of black colleges don't have as much entrée the corporate structure...
Then a black woman asks what the company's policy is on investment in depressed neighborhoods. Eklund replies that the company invests where its money will be safe, profitable and socially beneficial: "Those are the three tests. That's not enough, the woman insists: "People today are more concerned about the little guy. We should put more of our money into 'turning' neighborhoods, those that are socially declining...
Later expanding on his philosophy, Eklund points to all the millions that his company has invested in the central cities in Pittsburgh, St. Louis, Detroit and Atlanta. Yes, it has made a profit, but not always top profit. It has started the country's largest "minority small-business investment company, and Eklund knows that that will...