Word: entrepreneur
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Dates: during 1970-1979
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...accounts from Amsterdam and keeping only executive offices in Geneva. That plan was shattered in November, when the Swiss arrested three I.O.S. officers on charges of "dishonest business practices" and held them in jail for one night before releasing them on bail. Among the trio was New Jersey Entrepreneur Robert Vesco, 36-year-old chairman of an electronics firm called International Controls Corp., who wrested control of I.O.S. from Cornfeld's group in 1970, and is now chairman. The charges were dropped recently...
...neglect. Such a statement can be made. Robert Redford came fairly close to it in Downhill Racer, and Bruce Brown presented creditable efforts on bike riding and surfing in On Any Sunday and The Endless Summer, Winter Comes Early doesn't measure up to these, however, and theatre entrepreneur Ben Sack seems to sense it. In his advertising, he stresses the appearance of Derek Sanderson and the Boston Bruins, though they are present for maybe four of the film's 100 minutes. It's promotional hype, of course, and probably a rip-off, since the admission price...
Like many women executives, she got much of that motivation from a strong parent. Her father, a buccaneering oil wildcatter from Texas, taught her that, as she recalls, "being an entrepreneur is the only way to fly." He gave her a man's name and directed her to a career. Shortly out of college, she married a Rand Corp. mathematician. In the mid-1960s, the Babcocks saw that the computer software market was blossoming, and they started a service that allowed companies to share a highspeed computer by transmitting data over telephone lines. While Michael Babcock plotted the financing...
...advantage to be a woman. Customers remembered me." She wisely carved out a specialty-savings and loan associations-and after ten years was a recognized expert, handling $15 million underwritings. But it was time to leave. "The doors were closed for a partnership. To be a woman entrepreneur you have to own the store." With her lawyer husband, she found a money store to buy: Golden West Savings & Loan Association. The couple raised $4,000,000 from family and banks, took over the S and L, changed its name and started expanding...
...most of their careers in government employ. Under these men, the state-run firms operate with little of the bureaucratic bumbling and political waffling that afflicts nationalized industry in other countries. In Italy, state managers combine the prudence of the civil servant and the dash of the entrepreneur with chilling effectiveness. Usually indifferent to the trappings of authority and the dazzle of the spotlight, they nonetheless wield enormous power-often greater than that of many Cabinet ministers...