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...quarter, Ling now finds himself trying to explain a company that is so complicated that some of his own bankers admit they do not grasp it. For several weeks, Ling has also been trying to tell his story to a congressional committee that is investigating conglomerate mergers. When Representative Emanuel Celler charged that LTV's debts exceed its salable assets by $171 million, Ling replied that the consolidated balance sheet was "not really meaningful." He reasoned that LTV's interests in some subsidiaries, including Braniff International Airlines and Okonite, a wire and cable maker, were undervalued because control...

Author: /time Magazine | Title: Business: High Flyers in Trouble | 5/4/1970 | See Source »

...than 175 members and perhaps as many as 230. Thus, the chief roadblock for the anti-Douglas forces is getting the issue through a committee and then to a vote before the full House. The Judiciary Committee considers formal resolutions of impeachment, but it is headed by liberal Democrat Emanuel Celler, who is expected to favor Douglas. Consequently Ford, seeking a more receptive forum, proposed a step that would be considered by the House Rules Committee under conservative Southern Democrat William Colmer. Last week Ford got 52 Republicans and 53 Democrats to sign a resolution calling for the creation...

Author: /time Magazine | Title: Nation: Impeach Douglas? | 4/27/1970 | See Source »

Elsewhere on the ladder, however, the Crimson experienced little trouble. Sophomore Dave Fish upended Lion Larry Parsont at number two, junior Joe Cavanagh breezed past Lloyd Emanuel at four, and Crimson captain Butch Kawakami defeated John Tilney at six to send Harvard into the doubles matches with a safe 4-2 lead...

Author: By John L. Powers, | Title: Netmen Rip Lions in Tiger Warmup | 4/25/1970 | See Source »

Cavanagh and Fish took a little longer at second doubles, emerging with a three-set victory over Parsont and Emanuel...

Author: By John L. Powers, | Title: Netmen Rip Lions in Tiger Warmup | 4/25/1970 | See Source »

...Lions have only Parsont and junior Lioyd Emanuel returning from the starting Iadder that lost to Harvard, 9-0, at New York last Spring. But Seewagen, a ranking U.S. amateur champion who hopes to build Columbia into an Eastern powerhouse and has the freshman team with which to do it, has stocked his ladder with four fairly good sophomores, and has achieved encouraging results so far this season...

Author: By John L. Powers, | Title: Courtmen Face Lions and Tigers In Crucial EITA Weekend Tests | 4/24/1970 | See Source »

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