Word: funding
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Dates: during 1960-1969
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...Business School announced yesterday that Loeb's firm had provided $100,000 to establish the Loeb-Rhoades Fellowship Fund, which will endow two fellowships annually for students concentrating in finance...
...Graduate School of Design has received a gift of $1 million from John L. Loeb '24 as part of its $11.6 million fund drive. Loeb was the major benefactor of the Loeb Drama Center...
...senior partner of Loeb, Rhoades and Co., a New York investment banking center, he has been chairman of the national committee for the Design School's fund drive for the last two years...
...Fried Computers. So far, at least, the Carr formula seems to work. Tonka Toys, which he picked up for about $14 a share a year ago, is now being quoted at twice that amount. Another winner, Kentucky Fried Chicken, was acquired by the fund at about $7 per share; it is now selling in the $50s. "We took a lot of ribbing, especially from the East Coast, for adding something called Kentucky Fried Chicken to our portfolio," says Carr. "Had it been called Kentucky Fried Computers it would probably be selling now for 180 times earnings...
...such small business ventures as building concrete aprons for driveways and operating a gas station, before going to work for Bache & Co. as an assistant broker at $217 a month in 1956. Ten years later, when he joined Shareholders Management Co. of Los Angeles, which operates Enterprise Fund, he was able to buy a 20% interest. Today Carr's personal worth is estimated at over $4,000,000 and he can devote more time to his hobby of solving chess problems, watched over by his wife, Dianne...