Word: firmnesses
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Dates: during 1960-1969
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...trainees have learned their basics in G.S.T. courses. Just as important to Ulbricht's hopes of keeping the lid on in East Germany was another lesson taught at G.S.T.: how to take orders. "G.S.T. training," said Defense Minister General Heinz Hoffmann, "must also accustom the young continually to firm discipline and order, and teach them to follow orders of the trainers with respect and without discussion." That, too, had an all too familiar ring...
...conceivably block the get-together by sweetening his offer to English Electric shareholders. But until terms of the agreement with British G.E. are made public, he will have obviously no idea about how much to raise the ante. An alternative for Clark would be to merge Plessey with another firm, one possibility being Hawker Siddeley Group Ltd., an aircraft and diesel-engine manufacturer. And he can always hope for a miracle, like the government's withdrawing its approval of the proposed merger. In the U.S., the Justice Department would cast the dourest eye on a get-together between such...
Although the move had the government's blessing, the merger between British G.E. and English Electric into Britain's sixth largest company (combined sales: $2.2 billion) raised fears of monopoly both within and outside the electrical industry. The new firm would rank among the world's five biggest electrical companies, accounting for 90% of Britain's output of railway locomotives and up to half of the country's turbo generators, switchgear and transformers. The potential of the new combine's market domination prompted executives of Plessey Co. Ltd., a smaller electrical firm, to denounce...
Conglomerate Miner. In 1959, the firm added "Mining" to its name in order to reflect newer operations that now account for 65% of its revenues. "Mining is our upward thrust," says Littlefield. The thrust started when Utah decided to adapt its earth-moving skills to open-pit mining projects. It has since become, in effect, a conglomerate miner...
...Bond Salesman," and "How (Not) to Explain the Bond Market to Your Wife," and Homer starts off by dividing all bond salesmen into twelve species. They include Legatus Caelestis, or Messenger from Mount Olympus, who "brings you eternal verities from on high (his firm's research department) "; Garrulus Defatigare, or Sophisticate, who bears "a bored air of nonchalance and yards of bond gossip"; and Hospes Hospitalis, or Jovial Host, who "will be anxious to have you share his innocent amusements. Handle this one with unusual caution...