Word: fairbankses
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Among the fortune seekers who swarmed to the Yukon in the 1898 Gold Rush was one Michael Stepovich, out of the Balkans by way of Oregon. He struck it fairly rich. Unlike most sourdoughs, he sank his profits into land investments instead of boozy sprees. Other Alaskans thought he was...
A graduate of Notre Dame Law School and the wartime U.S. Navy, Fairbanks-born Mike Stepovich won a seat in Alaska's House of Representatives at 32, moved on to the territorial Senate two years later. Among his political assets: an attractive, politics-minded wife, seven children, an easy...
In a letter to the New York Times, Edwin O. Reischauer, professor of Far Eastern Languages; J. K. Galbraith '99, professor of Economics; John K. Fairbanks '29, professor of History; and Seymour E. Harris '20, professor of Economics, charged the Subcommittee with "damaging procedures" in the Tsuru case that have...
Even more important, Penn-Texas must give up its Fairbanks stock control, and must agree to drop the proxy fight. It will sell 300,000 of its 692,000 Fairbanks shares to Fairbanks, Morse at $50 a share v. the $56 market price, a sharp cut below the $69 that...
On the sale of the stock Penn-Texas lost heavily, but the fight had also been costly to Fairbanks, Morse. When the battle started, its stock was selling for only about $40. Thus, it was buying Penn-Texas stock at an inflated price caused chiefly by Leopold Silberstein's...