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...flamboyant career-as a pencil manufacturer in the Soviet Union in the 1920s, whisky dealer, art collector and oil magnate in the U.S.-Ar-mand Hammer has probably never had a worse week. First, the 77-year-old chairman of Occidental Petroleum Corp. pleaded guilty in a Washington court to a charge of making three il legal contributions to Richard Nixon's 1972 presidential campaign. Then Hammer's oil firm accused the Libyan government of holding 520 of its employees as hostages in a dispute that has turned Occidental's investment in Libya, once considered Hammer...

Author: /time Magazine | Title: EXECUTIVES: Blows at Hammer | 10/13/1975 | See Source »

...Hammer's personal problems stem from an anonymous $100,000 commitment he made to the Nixon campaign...

Author: /time Magazine | Title: EXECUTIVES: Blows at Hammer | 10/13/1975 | See Source »

...gave $46,000 to the Committee for the Re-Election of the President just before a federal law barring such anonymous gifts went into effect in April 1972. In order to contribute the other $54,000 without revealing his identity, he used third parties as sham donors; Hammer also concedes that when he was questioned about the donations by the Senate Watergate committee, he lied. Having pleaded guilty, he faces fines of $3,000 and possibly three years in prison, though it is unlikely he will go to jail even for a year...

Author: /time Magazine | Title: EXECUTIVES: Blows at Hammer | 10/13/1975 | See Source »

Strollers wandered into a Fairchild Industries mini-theater to see an eight-minute movie The Hammer, which showed the firm's weapons-laden A-10 tactical-support aircraft in action. Usherettes passed out buttons proclaiming A-10 PILOTS DO IT BETTER WITH A BIGGER GUN. At the Pratt & Whitney booth, S.R.O. crowds gathered to watch Magician Dick Ryan perform feats of prestidigitation while standing next to an F-100 engine built for the Air Force's hot new F-15 fighter. Up popped three red balls in Ryan's hand to symbolize the company's "quality...

Author: /time Magazine | Title: WEAPONS: Armaments Arcade | 9/29/1975 | See Source »

Somewhere along the line, however, the Fighting Irish pushed across a quick seven. And we'll just lay these Eastern boys in the coffin like this...Another touchdown...And hammer it shut like...

Author: By Richard J. Doherty, | Title: Rags to Riches | 9/22/1975 | See Source »

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