Word: firm
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Dates: during 1960-1969
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...approve a change in the constitution, which would then have to be voted on by the 1,366 exchange-seat holders. The exchange has called for a committee report by July 17, and will seek the SEC's opinion. Lufkin does not intend to be put off. His firm's prospectus declares bluntly that if the constitution is not amended, Donaldson, Lufkin will go public anyway. If the stock exchange then drops it from membership, the firm seems prepared to risk the short-term loss of the 63% of its revenue that comes from commissions on Big Board...
...More and more companies encourage their employees to lose weight, but none have been quite so imaginative as Lowe's Inc. of Cassopolis, Mich. Lowe's is best known as the manufacturer of Kitty Litter, a granulated clay that is used to line cat boxes. The firm, which had sales of $4,000,000 last year from products for cats, offers a cash bonus to executives who shed pounds...
...hitherto-secret report by a Johnson Administration antitrust task force headed by Phil C. Neal, dean of the University of Chicago law school. The group recommended new laws that would empower the Government to break up companies in industries "where monopoly power is shared by a few very large firms." It proposed a "Concentrated Industries Act" that would apply when four or fewer firms controlled 70% of an industry with $500 million a year in sales. Each firm would be forced to reduce its share of the market to no more than 12%. The scheme would break...
...Bender pointed out, which the two Roosevelts would hardly have been "admitted to or would have wanted to enter. . . . " This last, of course, is crucial. Bender makes it quite clear that -- financial arguments aside -- Harvard perceives as its purpose the education of the real leaders of tomorrow. And with firm sociological insight, it recognizes that potential leaders are most likely to be, by the process of "inheritance and nurture," the children of those presently ruling (or leading, depending on your politics...
...episode. Whether it can continue is uncertain because the moral conflict is indeed an intense one. There are, I suggest, two closely related prerequisites for any accommodation that may still make possible serious intellectual work. One would be a shift in emphasis among the moral revolutionaries toward building a firm and substantial basis of popular support around demands whose legitimacy would be widely acknowledged, with a turn to more militant tactics only when they had been unable to get a hearing for such demands. The other condition would be a widening by the university authorities of their conception of acceptable...