Word: leilani
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Dates: during 1960-1969
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Hipper than the Hawaiian tradition of tinkling ukuleles, Ho has chucked the cloying Sweet Leilani, and only under audience pressure retreats to the Hawaiian Wedding Song. His beat ranges from big to bongo...
...Textron has not changed course without running aground on a few shoals. It has had six failures among its acquired companies, blames them on its overeagerness to use up a $42 million tax-loss carry-over from its old textile operations. The worst failure was that of the S.S. Leilani, a converted troop transport that Textron bought in 1956. Before Textron finally scuttled her, she lost $6,000,000 cruising to Hawaii. Sailor Thompson and Textron President G. William Miller, 40, both keep a model of the Leilani in their desks. Whenever any Textron executive suggests acquisitions that sound farfetched...