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European finance. Jacob, 70, a reticent bachelor, stays in Stockholm to mind the home office, while robust and gregarious Marcus, 63, jets around the world to check on Wallenberg projects and find new investment opportunities. Though they hold the chairmanship of 27 companies, the brothers prefer to own no more than 5% or 10% of any company. They really do not need more, for most Swedish companies are only too ready to submit to Wallenberg management; they know that it means expert guidance and money for expansion. Says Marcus coolly: "It so happens that the companies we have been concerned...

Author: /time Magazine | Title: Sweden: Seemly Success | 6/7/1963 | See Source »

Yachts & Tennis. Despite their great wealth, both brothers live unostentatiously. Jacob drives himself to his office in a middle-class Opel; Marcus has a Buick and usually does the driving-but he has a chauffeur to answer the car's radiotelephone. An expert yachtsman, Jacob skippered his 59.4-ft. yawl Refanut to victory in last year's 350-mile Baltic race. Marcus was Sweden's tennis champion in the 1920s and is still an expert player; he also excels at pingpong...

Author: /time Magazine | Title: Sweden: Seemly Success | 6/7/1963 | See Source »

Neither brother ever misses an opportunity to downplay himself. Says Jacob, who is chairman of 13 companies: "The only reason I'm on so many boards is that I've been around so long." Marcus is even more self-effacing: "I am nothing," he says, "but a hyphen between generations." In one sense, he is right. His son Marc, 38, has already taken over the presidency of the Enskilda Bank, and is being groomed to be the next head of the clan...

Author: /time Magazine | Title: Sweden: Seemly Success | 6/7/1963 | See Source »

...Roman legionnaires in Germania. Making love to a local landowner's wife, he is the incarnation of Woden offering himself to the goddess of the forest. Even the shepherd Brace defends is not merely an old reprobate but a kind of Ur-brigand descended from the race of Jacob. As for the fox: Is he a fox? He may be Brace's alter ego. He may even be man himself, close to madness and ready to spread destruction in the world...

Author: /time Magazine | Title: Books: Beyond the Fringe | 5/17/1963 | See Source »

...only items of strictly Jewish interest in this Mosaic are a smooth and winning translation by Neal Kozodoy of a midrash called "The Death of Moses" and an adaptation of a lecture presented before the Harvard-Radcliffe Forum by Jacob Katz. Professor Katz, now visiting from the Hebrew University, is a world-famous expert on Judaism in the Nineteenth Century; hence it is a fine thing to publish him even though his command of English prose is not all it might be. His article, "Secular Interpretation of Judaism in the Nineteenth Century," will not electrify his professional colleagues, since...

Author: By Raymond A. Sokolov jr., | Title: Mosaic | 5/15/1963 | See Source »

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