Word: marketeers
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Dates: during 1960-1969
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...Société des Bains de Mer, which runs the Monte Carlo Casino. His reason: he had been snubbed in his search for office space. When he finally sold his interest back to Rainier, he cleared $5,000,000. In a 1954 attempt to monopolize the Saudi Arabian oil market, he made a deal with King Saud that would have given him exclusive rights to ship that country's petroleum. He thus brought down the collective wrath of the world's oilmen, who finally brought him to heel...
lacocca did not stop there. In a speech before the Philadelphia Mortgage Bankers Association last week, he predicted that by the late 1970s "we won't be showing any particular elation over a 13 million year. That kind of market will have become routine...
...will reach a sales level of well over 900,000 this year, a new auto-industry record would be merely an outside possibility rather than a virtual certainty. In any case, many of this year's buyers, whether they prefer U.S. or foreign models, plainly went into the market for the same reason: the time had come to trade in cars that they had bought during the previous record sales spree of three years...
Under David Sarnoff, the Army Reserve officer who helped found the firm back in 1919, the Radio Corporation of America grew into a giant largely by feeding on itself: it manufactured radio and TV sets, then created a market for them by beaming programs over its NBC network subsidiary. "The General," 77 and ailing, is still board chairman, but RCA is now run by his son, President Robert W. Sarnoff, 50, who has chosen to move the firm into other fields. The younger Sarnoff, who has already engineered RCA's long-reach acquisitions of Hertz Corp. and the publishing...
...these lousy kids come in from outside and spoil the market," said Avery, an expensively groomed seller and an avid reader of science fiction. "The new cats burn (cheat) everybody," added his girlfriend, Stinger, in the suitable Hippese...