Word: firm
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Dates: during 1950-1959
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Such is the state of the whole U.S. space program that not one U.S. space project has a firm target completion date. The nation's space leaders are not necessarily space enthusiasts...
France's government-owned Renault Co., world's No. 6 automaker, last week canceled its contract with an Israeli firm to assemble its cars in Israel. Reason: fear of an Arab boycott. To the Israelis it was an old story, but a particularly galling example. Obviously De Gaulle's government had consented to the move, and Israelis thought they knew why: subordinating all else to an Algerian solution...
...current blacklist, drawn up in Cairo, names 48 American firms. Included are Empire Brushes Inc., Kaiser Industries Corp., Dow Chemical Co. and Plough Sales Corp., because they have branches or agencies in Israel. Individual Arab countries have their own blacklists, which are even more capriciously kept. Philco radios and air conditioners were banned in Saudi Arabia even after the firm's name was removed from the Arab League blacklist. Last February, after Elizabeth Taylor bought $100,000 worth of Israeli bonds, the United Arab Republic banned any further showing of her films in Syria and Egypt. Presumably the boycott...
Morgan Guaranty by the custom services and ingenuity in solving financial problems that have become the firm's trademark. Many businessmen agree that Morgan's service is unexcelled. It will do everything from solving the complex problem of establishing the market values of new shares-even though the companies have no established value-to working out a novel method of financing freight cars or oil tankers. After being turned down by several banks, a group of utilities that wanted to finance an atomic reactor turned to Morgan; in a few days, the bank set up the plan...
Power & Ruthlessness. The history of the House of Morgan is almost the story of U.S. banking. Founder J. Pierpont Morgan was a great builder and dreamer who helped build the U.S.-and grew so powerful that he helped run it. Morgan left his father's London banking firm at 20 to try his own luck on Wall Street. After acting as agent for his father's firm, he went into business for himself under the name of J. Pierpont Morgan & Co. He performed dazzling feats of finance one after another. His method was to buy control of banks...