Word: life
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Dates: during 1960-1969
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...guitars and a couple of Beatles songs (Yesterday and Hey Jude) plus Ray Charles' What'd I Say. But the newest thing about the new Elvis is social consciousness. Recently released as a single, his version of In the Ghetto, a mawkish ditty about big-city slum life, came close to the top of the pop music charts...
Died. Robert Lehman, 76, investment banker, senior partner of Lehman Brothers and one of Wall Street's most powerful figures; in Sands Point, N.Y. Born to wealth, "Bobby" Lehman might have devoted his life to art collecting and horse breeding, both of which he loved, but his greatest enthusiasm was for high finance-and for 48 years he multiplied his family firm's prestige and fortune. He was one of the first to see the enormous potential of aviation, helped bankroll the beginnings of American, Pan American and Trans World Airlines. He was a friend to retail merchandising...
Some of the teachers were apprehensive about entering the summer institute: one woman instructor asked Towbis if he could guarantee her safe conduct for the month; another teacher updated his will before leaving home in Tennessee and took out a $37,000 life-insurance policy. Towbis, who is working for a doctorate in education at Berkeley, brushed aside their fears. He insisted on the need for daily immersion in slum areas to "understand the kids' background from working in the ghetto instead of out of sociology books...
...said, "the money ain't the only reason I'm doing this job. I'm doing something to teach 'the man.' He come in here all cocksure about the ghetto. These guys don't know nothing except their two cars and sweet life. I'm showing 'em where it's at. If they don't catch it today, they never going...
Today's young businessman is a member of the committed generation who insists on meaning and a sense of social responsibility in both his job and his life. Martin Gerstel, 27, a founder of Alza Corp., a California pharmaceutical research firm, argues: "It is not good enough any more just to be a manager, to do a good job making and selling candy bars. You have to feel that the product or service coming out of your organization is really important to society." Other young managers demand time off from their jobs to do consulting for black businessmen...