Word: firmness
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Dates: during 1970-1979
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Other corporations have been more receptive to complaints about their marketing practices. In the summer of 1976, the Abbott Corporation set up an office to investigate bottle feeding abuses, and in March of the next year that firm took its milk nurses out of uniform. In February of last year, Borden, Inc. withdrew all promotion of its KLIM milk to infants...
Matthew Nimetz, 38. Drawn from Vance's New York law firm of Simpson, Thacher and Bartlett, Nimetz is the State Department counselor and a general troubleshooter for his boss. He has handled such special and sensitive missions as arranging the return of the Hungarian crown, dealing with Micronesian demands for self-rule, seeking a settlement on Cyprus and coordinating the Belgrade conference on human rights for the State Department. A Rhodes scholar and whiz kid member of the White House staff under Lyndon Johnson while in his 20s, Nimetz has been tapped by Vance for the difficult...
...feel torn by conflict when he is smoked on: "If people do not grant you your rights, make a scene." When two men were smoking in an elevator, Pirtle stopped the car and announced, "I'll hold the elevator while you put your cigarettes out." The men stood firm until Pirtle rang the alarm bell, sending them packing...
...haired and compulsively energetic chairman of Walter Kidde, the sale of U.S. Lines completes an eight-year saga of frustration and expensive litigation. Sullivan, a Litton Industries alumnus who ran the conglomerate with Founders Tex Thornton and Roy Ash, has built Kidde from a sleepy outfit into a diversified firm (cranes, safety equipment, sporting goods, etc.) with 1977 sales of $1.5 billion and profits of $56.7 million. But the acquisition of U.S. Lines in 1969 for $104 million in cash and stock was, Sullivan admits, a grave mistake. U.S. Lines lost $1.5 million in 1970, whereupon Sullivan began looking...
...size of Harvard's holdings grew, and as the University turned towards the more unpredictable forms of investment, like common stocks--instead of bonds, government securities and real estate--a full-time treasurer was necessary. In the '50s and '60s treasurers used their own private investment firms to help manage the portfolio, but when George F. Bennett '33 resigned as treasurer in 1973, citing an impossible workload as the cause, Harvard decided to change the system. Bennett had in effect two full-time jobs, one at Harvard and one as president of his own firm, so Harvard decided its next...