Word: ericssons
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...wall in East Boston, one embittered Italian-American scrawled-'Leif Ericsson is a fink." In other cities across the U.S., indignant sons of Italy and politicians eager for their votes, reacted in like manner to word that Yale University had acquired a medieval map containing additional evidence that Leif Ericsson, riding the wild Atlantic winds reached the North American shore about the year 1000 (TIME, Oct. 15). Though Leif's landing is hardly news in scholarly circles, Yale's just-before-Columbus Day announcement stirred a storm of popular protest strong enough to have blown his longships...
...Chicago, Columbus Day Parade Chairman Victor Arrigo denounced the Yale map as a "Communist plot." New Jersey's Republican Senator Clifford Case, on hand for Newark's parade curtly dismissed Ericsson as "just an upstart." Pennsylvania Supreme Court Justice Michael Musmanno, author of The Story of the Italians in America charged that the Yalemen "have gone into the moss-covered kitchen of rumor and, on the broken-down stove of wild speculation, fueled by ethnic prejudices have warmed over the stale cabbage of Leifs discovery of America." In the House, New York Democrat Benjamin Rosenthal introduced a bill...
...rest of Europe knew about the Viking voyages. While it is possible that detailed knowledge of the voyage may not have been generally available by the 15th century, discovery of the map still forces a reappraisal of the entire age of exploration, from the year 1000, when Leif Ericsson and his men were blown ashore on the North American coast, to the late 16th century, when Europeans were exploring the waters of Asia, Africa and America. The map throws further doubt on the legend that Columbus was sailing into completely mysterious and uncharted seas when he set out with...
...prime example of this is Teléfonos, which Trouyet has turned into Mexico's biggest publicly held company. Nationalization talk was widespread in the late 1950s after its two previous controlling owners, International Telephone & Telegraph and Sweden's Ericsson telephone group, passed word that they were becoming disenchanted with the then weak company. But Trouyet persuaded the government to let his private group buy it for $25 million, later sweetened the pot by putting three government men on the board. Today well-run Telefonos has about 50,000 shareholders in Mexico, and a fortnight...
...Wallenbergs either control outright-or persuasively advise-no fewer than 50 Swedish companies, or more than half of Sweden's industry. Directly under Wallenberg management are most of Sweden's international companies, including plane-and automaking SAAB, the $275 million telephone equipment manufacturer L. M. Ericsson, the $500 million ballbearing producer SKF, and Stora Kopparberg, a diversified mining and mineral complex (TIME, March 15). The family also guides Stockholm's largest department store and the company that runs the city's three most luxurious restaurants. In no other industrialized nation in the world does one family...