Word: furor
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Dates: during 1960-1969
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...loyalty between his own firm and another. The conflict may take the form of slipping some of his firm's business to a relative or profiting from owning (or owning stock in) a supplier. Last week Chrysler Corp.. which touched off the current conflict-of-interest furor by sacking President William C. Newberg for owning interests in suppliers, announced that an investigation has found its present 36 top executives in the clear. Shaken by the Chrysler case, other corporations are anxiously examining their own houses to see if they are in order. Businessmen are likely to get some...
...rigid policing practices instead of relying on their employees' honor. North American Aviation, Convair and Douglas Aircraft all have strict written rules requiring executives to report the slightest outside involvement. Litton Industries requires its key executives to report their outside interests in writing yearly. Since the Chrysler furor broke, hundreds of companies have sent probing questionnaires to executives . and directors, are quietly investigating their purchasing and marketing practices. One Chicago businessman has private detectives make periodic checks on some 200 executives: "If I hear of one driving a Cadillac and I know his salary won't permit...
...capsuled world beside Manhattan's East River spun on its axis with a fervor and furor unknown in the chronicle of nations. By last week the number of national leaders and heads of state at the United Nations 15th General Assembly meeting had grown to 26, and there were more to come. Spinning round them like a sputtering Sputnik was Nikita Khrushchev himself-tossing off dire threats in curbstone interviews, dishing out amiable insults, and defiling the decorum of the U.N. with desk-pounding, finger-waggling interruptions...
Politicians in both camps agreed that Kennedy stood to gain from the religion furor-so long as a counterreaction did not set in out of suspicion that he was deliberately exploiting it. Some Protestant Democrats might be roused to vote against him on the basis of religion alone in the farm belt and in the Deep South. But in the populous industrial states that he needs most of all-New York (35% Catholic), New Jersey (43%), Pennsylvania (31%), Illinois (33%), Michigan (24%), Ohio (21%), Wisconsin (32%)-Kennedy stands a good chance of winning, if he can solidify the Democratic Catholic...
CARROL SHANKS, president of Prudential Insurance Co., has pulled out of deal with big Prudential borrower, Georgia-Pacific Corp., which could have given him capital gains, huge tax savings. Investigation by New Jersey Banking and Insurance Department found no law violation, but furor led Shanks to conclude that "it would be impossible to provide (policyholders) with anything like a reasonable perspective in this matter...