Word: entrepreneurism
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Dates: during 1960-1969
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Harry Weinberg, 53, is an up-from-the-slums entrepreneur who has made a fortune by buying faltering city bus lines and then paring payrolls, slashing services, and raising some fares. Robert Ferdinand Wagner, 52, the mayor of New York with ambitions for higher office, is a consummate politician who wants to stay on the safe side with bus riders and labor unions. Last week these two determined men collided on the streets of New York, snarling public transit from the Bowery to The Bronx. The nation's biggest metropolitan bus line was stalled by a strike...
...them no more than lanes-resound with the honking of 700,000 cars, trucks and motorcycles, v. 59,000 before the war; traffic jams are hideous, and the death rate from traffic accidents the highest in the world. So many people pack stores, subways and amusement centers that one entrepreneur sells a "slippery coat" of tough synthetic fiber to make it easier to slither through crowds...
Filing-Cabinet Frenchies. After passage of the new gaming act. Crockford's was bought by an Old Harrovian entrepreneur, blond, beefy Tim Holland. 35, who brags of learning bridge when he was nine. He transformed the club's venerable second floor with $80,000 worth of silk damask wall coverings and 18th century candelabra, imported eight French croupiers and French-made plastic chips representing $1,500,000 (highest chip: $2,800) for four chemmy and eight poker tables. In return for a cut of the take. Businessman Holland persuaded foxy old Isidor Abbecassis. Le Touquet's casino...
...despite his fast-growing fortune, Lubin realized that he was still financially vulnerable. ''If anything happened to me, my whole estate was my business," he recalls. So he merged Sara Lee into Consolidated Foods, the food-processing, wholesaling, and retailing Goliath being assembled by Canadian-born Entrepreneur Nathan Cummings, 65. Cummings paid Lubin 170,000 shares of Consolidated stock-then worth nearly $3,000,000-and was shrewd enough to let the master baker continue to run his own shop...
...plastic bag which, he said, provided complete protection against fallout. All the owner had to do was crawl inside and pull the Zipper. But how, asked Bell, could the bag's occupant breathe? That, said the promoter, was something he had not yet worked out. Similarly, a Boston entrepreneur advertised a handy "shelter" for only $4.50; it turned out to be a crowbar, for use in opening manhole covers...