Word: funding
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Dates: during 1960-1969
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McMahon attributes his success to a lonely childhood. His father was one of the first of the professional fund raisers, and the family was always on the move. By the time he was four, he had moved through 40 states. By high school graduation he had attended 15 schools. Throughout it all, he was earning his own spending money. At 10, he bought copies of the Bayonne Times on the newsstands for a penny, hawked them in bars and restaurants for two cents. He shined shoes, dug ditches, sold peanuts, labored on a construction gang. At 18, he toured...
...renouncing public life. By December, he was ready to return to his career. By then, he was also eager to discuss the 91st Congress and his role in it. "This was the first interlude," he said later. "I had been so involved with the memorial and with the fund-raising dinners. But obviously it was time to begin thinking about next year." It was also time, as one aide put it, "for him to become more than just the 'nice' Kennedy...
...Gaylord Nelson of Wisconsin, a political and personal friend of Kennedy's, traveled to Boston only last month to attend a Kennedy fund-raising dinner. He voted for Long. Nelson, fearing he was in trouble during his re-election bid in November, reportedly sought and received Long's help...
...Omega as an "entertainment-field" conglomerate began turning up in the financial pages. According to one tale, it was about to take over 20th Century-Fox. Word of the SEC's investigation of Omega got out to a few well-informed investors, who quickly turned in their Mates Fund shares. Strapped for cash, Mates was forced to endure the fund manager's ultimate humiliation: he had to call on other funds to peddle parts of his portfolio at discount prices...
...international-investment fund for the Pacific is being formed by N. M. Rothschild & Sons, the London branch of the 200-year-old banking family. As partners, the Rothschilds will have the biggest brokerage houses in the U.S. and Japan, Merrill Lynch and Nomura Securities Co. Other partners may join the syndicate. The fund will begin operation early in 1969, if, as expected, the government approves. It will be run by the Rothschilds in the pattern of other syndicates that they have formed in Europe. They will buy stock in promising companies in Australia and other Pacific countries but chiefly...