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Dates: during 1970-1979
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Rogers lifts from his desk a simple record of the struggle--a list of Stevens' present and former corporate directors with black lines through the company boards they have been forced to leave. He grins sheepishly and says, "We're isolating the company pretty well." The forced exile of Stevens directors began in March 1978 when labor unions, backed by the ACTWU, threatened to withdraw more than $1 billion in pension funds from Man Hanny unless it dumped two of its directors that were also on the Stevens board. Four months later the bank accepted the resignation of Stevens Chairmen...

Author: By James L. Tyson, | Title: Ray Rogers Hits J. P. Stevens Where it Hurts | 9/26/1979 | See Source »

...call for an end to the "J.P. Stevens-Seaman's Bank connection." It will be the visible sign of what Rogers claims will be increasing pressure on Stevens Director E. Virgil Conway, who doubles as chairman and president of Seaman's Bank. Next on the campaign's hit list is Sidney Weinberg Jr., a partner of Goldman, Sachs, the investment banking firm. When and if he is forced off the Stevens board, the campaign will once again attempt to drive Finley off the boards of Sperry Rand and Borden...

Author: By James L. Tyson, | Title: Ray Rogers Hits J. P. Stevens Where it Hurts | 9/26/1979 | See Source »

Councilor Saundra Graham said the Human Services Committee's original proposal to set aside 25 units of housing for families who run out of fuel is unfair. "They will be jumping ahead of the hundreds of people already waiting on the housing list," Graham said...

Author: By William E. Mckibben, | Title: Council Votes Emergency Aid for Fuel Shortages | 9/25/1979 | See Source »

...that Saudi Arabia, through a third party, recently deposited $500 million in a Denver bank. It was a sum that the Saudis had promised Sadat for the purchase of 50 F-5s and had withheld after Camp David. Although F-5s are no longer on Sadat's shopping list, the money is presumably there for him to buy the F-4 Phantoms he has decided on instead...

Author: /time Magazine | Title: MIDDLE EAST: Good Chemistry All Around | 9/24/1979 | See Source »

...members of Strauss's group were warmly welcomed by Egyptian government officials and private entrepreneurs. With advanced irrigation methods at the top of their priority list, the Egyptians applauded a promise by Charles Kuhn, chairman of Wylain Inc., a Dallas manufacturer of submersible pumps, to begin exporting some of his sophisticated gear to replace the ox-drawn pulleys widely used in rural areas. Samuel Miller, vice chairman of Forest City Enterprises Inc., a Cleveland-based homebuilder that makes low-cost housing units, is considering a joint venture with Egyptian Construction Magnate Osman Ahmed Osman to help alleviate Cairo...

Author: /time Magazine | Title: Business: Yankee Go East | 9/24/1979 | See Source »

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