Word: morgans
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Dates: during 1960-1969
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Died. Henry C. Alexander, 67, architect of the merger that created Morgan Guaranty Trust, the country's sixth largest commercial bank (assets: $11 billion); of a stroke; in Manhattan. Alexander accepted a partnership in the faltering house of Morgan in 1939, and shook up the stodgy banking community by aggressively scouring the country for new accounts and training a new generation of bright young employees to follow his lead. By 1959, Morgan was a growing, $915 million concern, and Alexander had the stage set for his greatest coup: merger with $3.13 billion Guaranty Trust...
...black students-all first-year MBA candidates-occupied Morgan Hall, the Business School's equivalent to University Hall, from 5:10 p.m. until 6:15 p.m., when they left peacefully. There are 67 black first-year MBA candidates in a class...
...occupation followed a meeting of first-year MBA candidates in the HBS Afro-American Union of Students. They decided to enter Morgan Hall, but were split over how militant they should...
...faction called for a "meaningful takeover" - throwing administration members out of Morgan Hall, chaining the doors, and staying there for the night. Another group felt their purpose at this time could be better served by leaving the building...
...blacks left Morgan Hall at 6:15 p.m. "From my point of view, it was a very relaxed very friendly discussion," Lombard said...