Word: mutuals
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Dates: during 1960-1969
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...among the Americans seemed to belong to the always ebullient Harold Kaplan, the chief press officer. After years of graciously answering reporters' post-midnight queries in both Saigon and Paris, Kaplan, 51, is retiring from government service early. He will become an officer of Investors Overseas Service, a mutual fund and investment complex based in Geneva...
...appear acceptable from a contemporary Negro point of view. But the images hold, and will survive-a settled beauty enduring through and ultimately beyond this year or any year's contention on campus, street riot or ghetto anger. They are a testament of shared respect, an acknowledgment of mutual dignity...
...conservative moneymen of Europe for years treated Bernard Cornfeld, the Brooklyn-bred magnate of mutual funds, as though he had financial halitosis. Many prophesied an early demise for his Investors Overseas Services, which flouted tradition and aggressively sold mutual funds to investors abroad, much as Fuller Brush men peddle house hold wares in the U.S. Now that the raff ish upstart has built I.O.S. assets to $1.8 billion, he has become too rich and powerful to deride. Investment hous es seek Cornfeld's favor, and continental bankers have begun imitating his sales methods. Last week I.O.S. brought...
Ocelots at Home. Bernie Cornfeld broke into the world's financial establishment by dint of supersalesmanship. He formed I.O.S. 13 years ago in a Paris flat after deciding that there were millions to be made in marketing mutual funds abroad. I.O.S. has since grown into the world's largest financial sales organization, with 13,000 salesmen and 750,000 clients in 110 countries...
...Harvard, on the recommendation of the Board of Overseers, President Nathan Pusey established a new 35-member Committee on Governance that will include eleven students and 18 faculty members. Asserting that it was essential to re-establish "the high sense of mutual trust and confidence that formerly prevailed at Harvard," the overseers charged the reform panel with the responsibility of re-examining the university's decision-making process, which presently rests in a vague, tradition-bound combination of administrators, faculty and trustees-but no students. Among the alternatives proposed by the overseers for consideration: a new university body composed...