Word: janning
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Dates: during 1960-1969
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...Jan...
...Driving Force. If this marriage comes off (TIME, Jan. 26), American will play the husband. American will give its name to the combined company, and American's bluff president, C. R. Smith, will become chairman and boss. Eastern's chief, Malcolm A. Maclntyre, 54, a former Under Secretary of the Air Force (1957-58), will become president and next in command to "C.R.," who is a vigorous 62. Eastern's pioneering chairman, Eddie Rickenbacker, 71, who lately has been more active on the banquet circuit than in the board room, will probably fold his wings. And somewhere...
...nation's biggest defense contractor, General Dynamics Corp., last week found a man to succeed Frank Pace Jr., 49, as chairman and chief executive. Burdened by a record $425 million development loss from the commercial Convair 880 and 990 jets (TIME, Jan. 5), the company's powerful executive committee some weeks ago launched a search to put "new blood into top management." Last week Pace resigned. Tapped to replace him as chief executive at a salary of $125,000 was Roger Lewis. 50, now a $71,600-a-year executive vice president of Pan American World Airways...
...late last year the Fed sped to the aid of the bankers. In a move aimed mainly at stemming the tide of "hot money" flowing into higher-interest havens overseas, the Fed declared that after Jan. 1, banks could raise savings rates from 3% to 3.5% and even pay 4% on funds deposited for a year or more...
...country boy of 22. He began to hit the bottle and hit it hard. After the war, he kept right on drinking; in 13 years he was arrested 51 times for being drunk and disorderly. He lost job after job, wound up on Chicago's Skid Row. On Jan. 24, 1955, Ira stayed up all night drinking muscatel with four other Indians in a desert shack on the Pima-Maricopa Indian reservation near Phoenix, Ariz. Next morning he was found not far from the shack, dead. He had strangled on his own vomit...