Word: ibm
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Dates: during 1970-1979
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...Take IBM. "One of the few scientific edges that we still have on the rest of the world is in computer hardware and software," says Wriston. "So the Government is suing to dismember IBM. The question is: What is the public good of knocking IBM off? The ultimate conclusion to all this nonsense is that people will cry, 'Let's break up the Yankees-because they are so successful...
Bonuses have become increasingly important as stock options have lost some of their luster and the top tax rate on "earned" income has been reduced from 70% to 50%. Last year IBM Chairman Frank T. Cary received more in bonuses ($337,000) than in salary ($333,000). American Home Products Chairman William F. Laporte's bonus was exactly half his total income of $770,000, while Augustine R. Marusi, chairman of Borden, Inc., earned a bonus of $271,000 to go with his salary...
ENGAGED. Stuart Symington, 76, first Secretary of the Air Force (1947-50) and telegenically handsome, four-term Democratic Senator from Missouri who, he said, graduated from politician to statesman when he retired in 1976; and Ann (Nancy) Hemingway Watson, 59, widow of Arthur K. Watson, an IBM executive and a son of its founding father. The wedding, in June, will be the second for each...
...judicial investigator on the case, the letter also seemed to show every sign of having been written under duress. It was accompanied by the Red Brigades' third communiqueé, but once again the kidnapers failed to specify any demands for Moro's release. Typed on the same IBM electric as the first two communiqués, it merely gave another menacing progress report: "Moro's interrogation is proceeding with the complete collaboration of the prisoner...
Executive Committee, IBM...