Word: fours
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Dates: during 1960-1969
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...Martin calmly absorbed the resulting criticism, most notably after the "credit crunch" of 1966. To blame the Federal Reserve for that, says Arthur Okun, who was Lyndon Johnson's chief economist, is "like scolding a driver who just avoided hitting a jaywalking child because he stopped short with four feet to spare...
...bird that rolled out of the hangar at Toulouse, one year late for its first test flight, had the ungainly look of a pterodactyl. Its drooping snout reared four stories above the Tarmac; the delta wings that extended from its tubular 191-ft. body seemed barely big enough to support it. But when Test Pilot Andre Turcat gunned the cluster of four jet engines, the Concorde climbed swiftly and steeply. After 27 minutes of subsonic flight, it made an equally flawless, steep-pitched landing. After that, champagne corks popped around Blagnac Airport, and newspapers in Britain and France brought...
...Japan's burgeoning steel production. They have no complaints about complying with conditions imposed by the Fair Trade Commission, and have reduced their share of the market in heavy rails, tinplate and foundry iron, in which they would otherwise clearly hold a monopolistic position. Significantly, Japan's four other major steel firms showed no real opposition to the merger. "The other steel companies have become strong enough to withstand any kind of competition," explained Hosai Hyuga, president of Sumitomo Metal Industries. Indeed, some competitors are counting on the trend to concentration in steel to help bring...
Madison Avenue is certainly not tired of that famous three-letter word, SEX, but it is increasingly captivated by a four-letter word, LOVE. That is the name of a new line of cosmetics that has been brought out by Menley & James, a subsidiary of Smith Kline & French Laboratories. Love was in splashy four-page ads in almost every leading woman's magazine (Vogue, Redbook, Cosmopolitan) and in regional editions of LIFE. At a time when advertising is bolder and nuder than ever, the multimillion-dollar campaign leaves little to the imagination...
...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 Corp., where he was co-manager of the $2.7-billion Dreyfus Fund for the past four years. The two other partners in InterCapital, Charles C. Reilly, 38, and J. Brock Stokes, 33, were colleagues of Stein's at Oppenheimer...