Word: golds
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Dates: during 1970-1979
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Puffing on a Gold Label cigar, Talmadge closely followed the first week's action and then summed it up accurately enough by declaring: "They haven't learned anything" that was not agreed upon by him and the committee in advance. The pace may pick up for Talmadge as the hearings continue and he faces the testimony of Minchew and, possibly, that of his ex-wife Betty...
Curtis Carlson, a freewheeling entrepreneur who made his first millions selling Gold Bond Stamps, has a gilt complex. He loves gold. The energetic conglomerateur controls the worldwide operations of his Minneapolis-based empire (hotels, restaurants, discounting) from offices reminiscent of that Bondian archvillain, Auric Goldfinger: his gold-embossed telephone, gold vinyl chair and gold-striped sofa are set off by the rich, warm shades of a gold-hued carpet. When Carlson's Gold Bond Stamp operation was at its peak in the 1960s, its executives drove a fleet of company-owned gold Cadillacs. A gold-framed saying...
...display space, sales help and security personnel because customers order merchandise from catalogues. Thus the companies can undercut many of the big low-price chains like K mart. The other, the Carlson Premium Group, which last year got one-third of its $250 million revenues from Gold Bond Stamps, organizes incentive programs for companies that reward high-achieving employees and dealers with expensive trips and gifts. Carlson also has a sporting-goods importing business, a diamond wholesaling operation, a gold-jewelry manufacturing firm, a natural gas exploration and production company, and owns or manages $200 million worth of real estate...
...independence. After graduating from the University of Minnesota in 1937, he took an $85-a-month job as a soap salesman, but the entrepreneurial spirit moved him in 1938 to ask his landlord for a deferral of a month's rent. With this $55 he started the Gold Bond Stamp Co. He quit his job and began selling the stamps to neighborhood grocers until 1952, then advanced to supermarkets. The seven-to eight-month "float" between the time that he sold the stamps to the grocer and the time the customers cashed them in gave Carlson the money needed...
...Hubert H. Humphrey Institute of Public Affairs at the University of Minnesota. He is active in other charities and has finally delegated enough authority to set aside time for regular sessions of swimming and tennis. But the companies remain his passion. A pillow on Carlson's gold-striped sofa reads: "I love this business. Sit down and watch...