Word: harrimans
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Born almost embarrassingly rich, W. Averell Harriman (Groton '09, Yale '13) could easily have idled his life away as a dilettante without appreciably denting his family fortune. Yet Harriman, who died last week at 94, always heeded the command of his father, Railroad Magnate E.H. Harriman, to "be something and somebody...
Leading Edge, however, is by no means the least expensive of the IBM- compatibles. That distinction goes to a group of 100 or so plucky manufacturers, 60% of them Asian, that produce machines with typical price tags of less than $600. Carrying obscure labels such as Thompson, Harriman & Edward, Computer Dynamics and American Mitac, these firms' products are called no-names by the industry because they have virtually no name recognition. Despite the pejorative description, computer experts suggest that the no-names may pose the greatest threat to IBM. Says Margaret Rodenberg, a vice president at Entre Computer Centers...
Ronald Reagan is the only President since the U.S. first developed the Bomb to oppose a comprehensive ban on the testing of atomic weapons. In 1963, two years after the Soviets broke an unofficial 34-month moratorium, John Kennedy sent Diplomat Averell Harriman to Moscow in hopes of securing such a sweeping ban; he returned after twelve days with only the Limited Test Ban Treaty, which forbade explosions in the atmosphere and oceans but not underground. The Nixon Administration in 1974 negotiated the Threshold Test Ban Treaty, limiting underground blasts to no more than 150 kilotons; like SALT...
Electronic eavesdropping has played a long if not particularly honorable role in postwar East-West relations. The most celebrated case was the discovery of an electronic listening device in a wooden replica of the great seal of the U.S. presented to American Ambassador Averell Harriman by the Soviets in 1945 and displayed by Henry Cabot Lodge Jr. at the U.N. in 1960. * Some time after the U.S. moved into its Moscow embassy quarters in 1953, security officials found telephone bugs encased in bamboo, making them impervious to the metal detectors. In 1956 it was the Soviets' turn to expose electronic...
Sullivan defended the huge write-off as a "onetime event" to cleanse its books, and there was little evidence that the bank's losses would continue. Said New York City Analyst Raphael Soifer, a member of the Brown Brothers Harriman banking firm: "There is no reason for panic. First Chicago has a problem, but it's solvable." Still, investors and depositors could not help being startled. Experts had assumed that the economic recovery would already have eased the problem of bad loans. But First Chicago's setback from lending in energy and agriculture demonstrates that some industries...