Word: miltonic
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Dates: during 1970-1979
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...unlikely to use that power in direct retaliation, but the bankers do not want to antagonize him, particularly at a time when they have many acquisitions in the works. Instead of raising the prime now, bankers are likely to offer the 6% rate to fewer borrowers. Or, as Economist Milton Friedman quips, the prime rate is the rate at which banks will refuse to lend money to their best customers. Charges for other kinds of short-term credit-Treasury bills, federal funds, 90-and 180-day commercial paper-will keep edging upward. Rates are rising because loan demand is increasing...
...paper value of its stock in National Chemsearch Corp., a maker of cleaning chemicals, rise $97 million, to a year-end total of $263 million. The family stock is controlled by three sons of the founder: Chairman Lester Levy, 48; President Irvin Levy, 42; and Executive Committee Chairman Milton P. Levy Jr., 45. The Levys make the Up-johns look like chatterboxes. They will not grant interviews, are little known in Dallas society and rarely mentioned in area newspapers. They are also said to reserve all Chemsearch management decisions for themselves. They have concentrated on producing and marketing a line...
Prouvost had earlier decided to shave an inch from the magazine's vertical size to create a less bulky format. Then he ruled that a complete typographical overhaul should accompany that change. Among those he called on for advice was Commercial Artist Milton Glaser, 43, design director of New York magazine. Glaser went to Paris in late November and quickly whipped off some 30 sample designs for the "new" Paris Match cover. Impressed, Prouvost then asked Glaser to redesign the entire magazine. The only hitch was that he refused to wait the two or three months that Glaser guessed...
Angry Mayor. The full-time editorial staff of 35 is large for a paper of its circulation, and unusually literate. A number of the writers have published books and two-Columnist Hal Borland and Cultural Editor Milton Bass-have also done screenplays...
...Milton King, the Redskins' vicepresident who has been associated with the club for 40 years, reminisced about the past. "I wish George Preston Marshall was here," he said. "But, you know, if he was still alive, he would not be here. He would not have paid the salaries requisite for getting the players here...