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Speaking in London, Donald Marron, president of Paine Webber-which itself has merged with Mitchell, Hutchins Inc. -delivered an apocalyptic forecast. Said he: "The institutional equity business [e.g., handling of purchases by pension funds, insurance companies and bank trusts], standing by itself with full trading and research services, is no...

Author: /time Magazine | Title: Business: Shell Shock on Wall Street | 12/12/1977 | See Source »

When a St. Louis newspaper man named Stilson Hutchins first came to Washington in 1877 to found the city's sixth daily newspaper, he intended his fledgling Post to be a Democratic daily. The paper was certainly Democratic--it called then-president Rutherford B. Hayes, a Republican, "the bogus president...

Author: By Eric J. Dahl, | Title: All the President's Enemies | 11/15/1977 | See Source »

DIED. Lawrence A. Kimpton, 67, chancellor of the University of Chicago (1951-60); after a long illness; in Melbourne, Fla. Administrator of the University of Chicago's atom bomb project during World War II, Kimpton returned to head a campus stirred by the innovations of Robert M. Hutchins but...

Author: /time Magazine | Title: Milestones, Nov. 14, 1977 | 11/14/1977 | See Source »

One cop who believes this mayhem is unnecessary is Richard Turner, a former stock car racing driver who is now a police official in Hutchins, Texas. He runs a driving school specializing in the act of the "slow chase." His three-day course, already taken by more than 750 officers...

Author: /time Magazine | Title: The Law: Think Slow | 11/7/1977 | See Source »

Eckstein sold his idea to Wall Street's Donald Marron, chief executive of Mitchell, Hutchins, the investment advisory firm.* In 1969 it raised $1.1 million in seed money and became a founding partner in the company. DRI was not the first firm to market econometric forecasts; Lawrence Klein, who...

Author: /time Magazine | Title: Business: To the Prophet Go the Profits | 9/26/1977 | See Source »

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