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...sheet steel from Weirton Steel's West Virginia mill at a price of $5.20 to $5.90 per hundredweight. After the steel was delivered, Phillips obligingly passed it on, at $7.50, to his brother Matthew in New Cumberland, W. Va., who promptly sold it for $9 to Isadore Forman, a Pittsburgh steel broker and "friend of the family...

Author: /time Magazine | Title: STEEL: The Daisy Chain | 12/3/1951 | See Source »

...Broker Forman said he snapped up the steel because he "saw a chance to make a fast buck. There's nothing illegal. Everybody makes a profit, even Uncle Sam. What's everybody screaming about?" When committee counsel asked if he had prepared a ceiling chart for OPS as required by law, Forman answered bluntly: "When they start talking about filling out forms and stuff for a ceiling price, I am not in the steel business...

Author: /time Magazine | Title: STEEL: The Daisy Chain | 12/3/1951 | See Source »

...headquarters at Ashiya air base in southern Japan, brought with him, as usual, assistants of long standing. Tunner's chief of staff Colonel Glen R. Birchard had been with him in Germany. Both his communications officer, Colonel Manuel Hernandez, and his operations officer, Colonel Robert ("Red") Forman, were holdovers from the days of the Hump. Says Tunner: "When we start a new airlift, we start in a hell of a hurry. It is a whole lot easier to start with people you know...

Author: /time Magazine | Title: War: The Moving Man | 12/18/1950 | See Source »

Undismayed, the trustbusters wound up to swing the sledge on General Electric Co. A year ago G.E. was found guilty of monopolizing the manufacture of incandescent lamps through control of patents and price fixing. Last week, Federal Judge Phillip Forman, at Trenton, N.J., was considering the Government's demand for a drastic penalty. Though G.E.'s share of U.S. lamp production has declined from 82% in 1912 to 58% at present, the Government asked that...

Author: /time Magazine | Title: GOVERNMENT: Victory for Alcoa | 6/12/1950 | See Source »

...scoring was concluded in the next inning. Akillian got a hold of one of Formans' fast balls and lashed it to center. Huntington advanced Akillian when Forman tried to make the play at third, failing on a late throw. Both hands were safe. Akillian scored when Cavanaugh's double play ball ended up in right field. Foynes got credit for his second run batted in when his single scored Huntington...

Author: NO WRITER ATTRIBUTED | Title: Godin's Four-Hitter Blanks Crusaders, 5-0 As Crimson Plays First Errorless Contest | 5/25/1950 | See Source »

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