Word: kuhn
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...risk money on this ailing industry because they suspect that it may be about to return to health. Airline stocks have risen by an average of 66% since August, a run-up that ranks among the best of any industry. Says Robert Joedicke, an airline analyst at Lehman Brothers Kuhn Loeb: "Airline profitability is entering a recovery period that should gain momentum during 1983 and continue for several years." A report from the investment banking firm of Morgan Stanley puts it in plainer English: "Every portfolio should have an airline stock...
Peter G. Peterson, chairman of New York's Lehman Bros. Kuhn Loeb and a former Secretary of Commerce, is not exactly one of those plain people, despite his Nebraska heritage. But when he formed a coalition urging both the President and Congress to face this economic crisis with a realistic program to reduce the huge deficits, he tapped the frustrations of millions of small and big businessmen, bankers, teachers, accountants, lawyers and editors. Peterson, who never really intended it that way, has taken a sizable chunk of presidential authority through an impulse that was inspired last spring...
...Major League baseball owners, meeting to choose a replacement for ousted baseball commissioner Bowie Kuhn, unanimously elect Harvard Vice President and General Counsel Daniel Steiner '54. Steiner had been at best a dark-horse candidate, but the owners explain. "We winked someone who doesn't take any nonsense from labor. Dan's no softie...
Philip A. Kuhn, professor of History and of East Asian Civilizations and Languages, sees physical endeavor as an alternative to total decay." Unlike many of his colleagues, though, he is unwilling to exercise in a boring or repetitive manner. He prefers to go cross-country sking in New Hampshire's White Mountains, where he owns a cabin. "Anybody who lives in New England and doesn't get out to the country really is missing a great deal. The thrill of gliding through the forest on noiseless skis is hard to beat...
...first commissioner, the frowning old Judge Kenesaw Mountain Landis, was sent in from the federal bench to banish the "Black Sox" fixers of 1919 and restore righteousness. His law was arbitrary and final. Kuhn greatly admired Landis. The judge's successor, Albert B. ("Happy") Chandler, was a posturing "ol' podner." The man who followed Chandler, Ford Frick, was a reluctant leader hesitant to decide anything. Next came General William D. Eckert, "the unknown soldier," a strategic and forlorn disaster...