Word: firm
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Dates: during 1960-1969
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During his seven-year tenure, McNamara did indeed go a long way toward solving the puzzle of the Pentagon. Most notable were his application of sophisticated managerial techniques to the department's often chaotic budgetary and systems analysis practices, his firm assertion of civilian control, and his emphasis on conventional as well as nuclear forces. On the debit side were his reluctance to concede error and his inability to get along with Congress. "There is a way for a man to say no without offending, and there is a way for a man to say yes without offending," said...
Last September Mungo flew to Czechoslavakia for a secret meeting with representatives of Communist North Vietnam and the Viet Cong. When he returned, he claimed that he had "established firm connections with the so-called enemies of our country...
...reason why so many new investors are taking the plunge these days is that virtually every brokerage firm is offering free courses in the mysteries of the market. The New York Stock Exchange, which prepares lessons and teaching aids for member firms, has helped organize 780 lectures drawing 33,690 people in the New York City area during the past six months. "It's almost mass-production sales promotion," says Reynolds & Co. Partner Alpheus Beane. His firm offers three different levels of courses to groups gathered anywhere from Y.M.C.A.s to shopping centers, and it is now sponsoring its second...
Predictably, Wall Street's leading investment educator is its biggest firm, Merrill Lynch, Pierce, Fenner & Smith Inc., whose representatives last year made 6,524 appearances before 215,798 people-a 33% increase over 1966. Audiences range from corporation employees to social-club gatherings. This spring, vacationers aboard Grace Line's Caribbean cruise ships will find a Merrill Lynch lecturer on hand. The firm's representatives work with department stores to give women a combination stock market education and fashion show; one of the gimmicks used is a dress made of material with a stock-certificate pattern...
Died. William G. Mennen, 83, uncle of Michigan Politician G. Mennen ("Soapy") Williams, and longtime (1912-68) head of the Mennen Co.; of a heart attack; in Morristown, N.J. Taking over his father's modest baby-powder firm in 1912, Mennen quickly expanded into after-shave lotions, lathers-in-a-tube, hairdressings and deodorants, plowed profits back into mass-market advertising, until his family-owned company grew to take nearly 10% of what is now a $580 million men's cosmetic industry...