Word: firmed
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Dates: during 1960-1969
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...basketball, Winthrop leads the "A" division over second-place Dudley, which has a firm hold on the cellar in other sports. Dunster has taken over the "B" division lead form Eliot. The team standings in both squash and basketball are incomplete since several makeup game must still be played...
Another important aspect of the plan is its firm emphasis on group practice. Ten years ago, a subcommittee of the AMA denounced the trend towards creeping groupism as a danger as great as "socialized medicine." But the group mode has won reputability since then; and more important, it has shown in practice that it is far more efficient than single-doctor treatment...
...executive of a new investment service that will advise affluent clients about how to make their money multiply. It is a revised version of the 35-year-old Standard & Poor's investment service, one of the five biggest in the nation. Called Standard & Poor's/InterCapital, Inc., the firm starts out with $3 billion in funds that have been put up by 1,800 individual and institutional investors, each of which must have accounts of at least...
Russel Morrison, the 37-year-old president of Standard & Poor's-a company that specializes in financial reporting-decided that the best way to improve profits of the S. & P. counseling oper-'ation was to spin it off as a separate firm under bolder management. He turned to Stein, then a partner at Oppenheimer & Co. Stein had earned a reputation as an analyst by his spotting of Syntex, Control Data and semiconductor stocks. Last year he earned more than $1,000,000. At InterCapital, Stein has three friends. The No. 2 man, Arthur Zeikel, 36, moved from Dreyfus...
Standard & Poor's retains a 40% interest in the firm. The remaining 60% is held by Stein and his associates, who signed personal checks for $1,800-000 in capital. In staffing Standard & Poor's/ InterCapital, Stein expects to emphasize youth, even to the point of hiring managers in their 20s. "Young men are more able to spot opportunities," says he. "They don't wear blinkers...