Word: ince
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Dates: during 1970-1979
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...used the job as a step to much better positions. FBI alumni number about 10,000; they include about a dozen Congressmen, several federal judges, New Jersey Governor William Cahill, state and county attorneys, sheriffs and many security directors of large organizations like the National Football League and TRW Inc. The Society of Former Special Agents of the FBI Inc. last year reported that their members' average yearly pay was $ 19,750 and climbing...
...every big winner, though, there is a big loser-and a dozen iffy investments. Narragansett Capital, the nation's largest publicly owned S.B.I.C., has lost $1,081,000 bankrolling Sam Snead All American Golf, Inc. "A venture capitalist looks for a return of ten times his original investment," says Harlan Anderson, head of Anderson Investment Co. in New Canaan, Conn., "but you're lucky if you get that kind of return in one case out of ten, so it evens out." And some venture capitalists go bust along with the businesses they buy into; 400-odd S.B.I.C.s have...
...effort to avoid such disasters, venture capitalists do some furious winnowing to keep potential losers out of their portfolios. Business Development Services Inc., a subsidiary of General Electric, has put money into only 16 of the 2,000 firms that have sought its help in the past four years. The most generous venture capitalists aid no more than one of every 30 applicants-and he had better come armed not just with a good idea but a prototype of his product and a detailed survey of the potential market. Even the entrepreneur who passes that test can find that...
Whoever Data Resources Inc. is, and whatever it does, it seems to have stirred up some controversy in the Economics Department...
...corporation that seems to have a grip on the Department is Data Resources Inc., a consulting firm founded and directed by Otto Eckstein, professor of Economics...