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After Edward M. Gilbert's daring 1958 takeover of the E.L. Bruce Co., a leading manufacturer of hardwood products, Wall Street figured it would be hearing a lot more from the 34-year-old financial whizbang. What it heard was not exactly what had been expected. One day in 1962 Gilbert in formed Bruce directors that he had used $1,953,000 in company funds in a futile effort to cover heavy stock losses. Then he boarded a plane for Brazil. Returning voluntarily four months later, Gilbert has since lived a life that belies his onetime jet-set status...

Author: /time Magazine | Title: Management: Guilty | 5/5/1967 | See Source »

Last week Eddie Gilbert, still trim at 43, entered a courtroom in New York for sentencing on federal charges arising from his 1962 malefaction. Assistant U.S. Attorney Michael Armstrong praised Gilbert, who had pleaded guilty to three counts of his indictment, for having "cooperated with the Government and the SEC." His own attorney described him as "thoroughly contrite." While the defendant stood numbly, Judge Edmund L. Palmieri pronounced sentence: a $21,000 fine, two years in prison. Having also pleaded guilty to state larceny charges, Gilbert next faces sentencing in New York State Supreme Court, where he could...

Author: /time Magazine | Title: Management: Guilty | 5/5/1967 | See Source »

...isolate the represser, Biophysicist Walter Gilbert and Biochemist Benno Muller-Hill decided to work with a species of simple bacteria called Escherichia coli, which have a healthy appetite for lactose, a sugar found in milk. The scientists knew that when lactose was available, the bacteria cells produced an enzyme that broke the sugar down into two simpler sugars that the cells could use. When only other nutrients were present, however, the amount of this enzyme was drastically reduced; a repressor apparently turned off the gene that controlled its production...

Author: /time Magazine | Title: Genetics: Turned-Off Genes | 4/28/1967 | See Source »

...discoveries, says Biophysicist Gilbert, confirm that cells of E. coli are controlled by gene-repressing agents and effectively demonstrate how simple cell mechanisms work. They may bring closer the day when scientists will be capable of genetic control of human beings, determining their characteristics and correcting metabolic defects by turning the proper genes...

Author: /time Magazine | Title: Genetics: Turned-Off Genes | 4/28/1967 | See Source »

Sullivan's music may be warmed-over Mendelssohn, but this Yeomen was anything but warmed-over Gilbert and Sullivan. As usual, the players took a work that is generally regarded as a museum piece and made it into living musical theatre...

Author: By Robert G. Kopelson, | Title: The Yeomen of the Guard | 4/22/1967 | See Source »

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