Word: frankfurter
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Dates: during 1960-1969
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Meanwhile, the Soviets stepped up their harassment of Allied traffic to West Berlin. A U.S. troop convoy was held up on the Autobahn; three times in two days Soviet MIG fighters buzzed unarmed Allied planes in the 20-mile Frankfurt-Berlin air corridor. Said one Western official: "It's part of what we call their 'weekly reminder' that they're around. They don't like too much time to go by without letting us know they still have a grip on Berlin...
...chairman pointed out that the free world already has more than 100 organized markets in which international corporate securities can be traded. Though mostly small by comparison with the great stock exchanges of London, Paris, Amsterdam, Frankfurt and New York, he said, "even the smallest provides a nucleus for bringing together the technical skills and understanding required for intelligent investment and efficient distribution of the shares of the worldwide corporation...
...starred try at moviemaking. "I didn't even get to meet a beautiful movie star,'' he recalls ruefully. He also branched into banking, partly to finance a chocolate stockpile for Oetker-packaged puddings, took over Hermann Lampe, a private bank, and Frankfurt's Braubank. The latter's big holdings in beer companies put Oetker in the front rank of West German brewers...
...Germany's lean years after World War II, ex-General Staff Major Egon Overbeclc, now 44, financed his studies at Frankfurt University by working for Metallgesellschaft, a widely diversified industrial combine. After earning a doctorate in business administration in 1952, Overbeck stayed on with the company, began to leapfrog up the executive ladder. His big break came in 1956 when he was named chief financial and administrative officer of one of Metallgesell-schaft's major subsidiaries. He was lured away from that post by rival Mannesmann, West Germany's second largest steelmaker (after Krupp), which was searching...
...Commerce Department, because of a failure to use their proudest skill: salesmanship. "Out of 300,000 U.S. manufacturers, there aren't more than 15,000 who are doing anything at all about foreign trade," complains Commerce Department Export Director Edward Scriven. To maintain U.S. trade centers in London, Frankfurt and Bangkok, says he, "we have to canvass 3,000 to 4,000 businesses to find 50 that will exhibit, largely at Government expense...