Word: itek
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Dates: during 1970-1979
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There are also some modest investments in companies that were once thought to have promising futures as investments, but have faded of late: Intel, Coherent Radiation, Scan Data. At least one case involved a company that Nelson's brother Laurance had bankrolled: Itek. Says Reginald Oliver, director of research at Pershing & Co.: "Lots of trusts absolutely wouldn't be permitted to buy such things...
Munter who is the psychiatric consultant for the Itek Corporation, will try to develop an industrial psychiatry program at Harvard. This program will deal with such matters as drinking problems that affect work, and absenteeism for emotional reasons...