Word: frankfurting
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...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...
There are some famous names, such as Donatello and Van Eyck; but most of the artists are anonymous, known only by such evocative titles as the "Master of the Frankfurt Garden of Paradise" or the "Master of the Hours of Rohan." The masters reported their share of cruelties and martyrdoms: but to a much larger extent, the exhibition reflects the courtly dolce vita of an age that, out of fear of the future, idealized the past and hid the present behind a facade of elegance. The Dutch historian Johan Huizinga summed up the period best when he said, "It bore...
...wife and two boys, flew to Rome, where Wagner found the Eternal City in the midst of a mayoralty squabble. Then to Berlin, where he inspected the Wall, commenting: "It's the same as if you needed a passport to get from Brooklyn to Manhattan." He lunched with Frankfurt's Burgermeister and dropped in on bucolic Nastatten (pop. 2,600), from which his father, the late U.S. Senator, emigrated. Made an honorary citizen, Wagner asked if he could vote in the city elections. The literal Germans replied...
Saved by a Flash. Faithfully as they had imitated Blue Monday's plunge, foreign exchanges shot up on the news of Wall Street's Tuesday rally. On the Frankfurt Exchange, Volkswagen shares abruptly jumped from $125 to $145-higher than before the price break. In London, the Evening News headlined BOOM AFTER GLOOM and the Financial Times index showed its biggest morning surge since the 1959 Tory election win-though prices sagged again by week's end. Most dramatic of all was the recovery of the Sydney Stock Exchange: slow to receive news of Blue Monday, Australian...