Word: glenn
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Dates: during 1940-1949
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...airlines and manufacturers scramble to find out what happened and why, but they seldom accuse each other in public of laxity. They prefer to sweep the accident under the rug and out of sight. Last week Croil Hunter, boss of Northwest Airlines, took another course. His airline sued the Glenn L. Martin Co. for $725,000, charging that five Martin 2023 which it had bought in 1947-48 were defective. The wing of one of them, said Northwest, "tore off in flight," during a storm, killing 36 passengers and crewmen near Winona, Minn., last Aug. 29. Another 202 broke...
...Oilman Glenn McCarthy's little hootenanny, opening his $21 million Shamrock hotel (TIME, March 21), turned St. Patrick's Day in Houston into a Donnybrook. McCarthy's 2,500 guests (200 of them from Hollywood) milled past dinner-jacketed newsboys at the entrance, stripped the lobby's $1,000 orchid-studded trees bare, guzzled 1,200 bottles of champagne before the banquet. Shamrocks bloomed everywhere-on ashtrays, wastebaskets, even on the panties and bras that McCarthy presented to his women guests. (The men got cowboy boots from the hides of prize cattle that provided the steaks...
With all his business responsibilities, harddriving, hard-drinking egoist Glenn McCarthy (he keeps a full-length color photograph of himself in his office) is still as truculent as he was in his days as an oilfield roughneck. The tales of his business deals are almost matched by the stories of his rough & tumble brawling which has caused him to be barred from more than one Houston club. He likes expensive hobbies. Last year his planes came in one, two and four in the Bendix air race. He is rumored to be spending $100,000 to enter a car in this...
...Shamrock opening alone was not enough to keep McCarthy busy this week. The next day, he had the world premiere in two Houston theaters of The Green Promise. An earnestly wholesome movie about the 4-H Clubs, it was the first film of Glenn McCarthy Productions. Says McCarthy: "Of course I have several other things planned, but I can't tell about them now . . . You don't just stand still, you know...
...Glenn G. Munn of Manhattan's Paine, Webber, Jackson & Curtis seemed bullish. Said he: "Time is running out on this stock market [down] cycle." On the other hand, he was also bearish: "Business may be in a slow-motion rollover into an oldfashioned, spiraling, chain-reaction decline." However, investors should also remember that "we are in ... the Treasury-Keynesian-Keyserling cycle. That means Government intervention-cheating the silly down-cycle from its accustomed brutal innings...