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...ranking team in the American Football League, Salinger remains a director of National General Productions, the motion-picture producing arm of National General Corp. But Salinger's chief concern today is finance. He is chairman of Great America Management & Research Co. International (GRAMCO), which controls a fast-growing, Nassau-based mutual fund, U.S. Investment Fund...

Author: /time Magazine | Title: Investment: Pierre as Financier | 9/13/1968 | See Source »

...Brass Plate. For his efforts, Salinger gets a hefty salary plus stock options. One of his frequent tasks, Salinger concedes, is helping to dispel investor worries about GRAMCO's Nassau base. Lax laws, loosely enforced, have given the Bahamas a reputation as a haven for promoters of dubious activities...

Author: /time Magazine | Title: Investment: Pierre as Financier | 9/13/1968 | See Source »

While all too many Nassau-based firms consist chiefly of a brass plate on a lawyer's door and someone to answer the mail, GRAMCO's 100 Nassau staffers fill three floors in two office buildings. To make sure that every penny of income and outgo is handled meticulously, GRAMCO has turned the routine operation of the fund over to the prestigious Trust Corp. of the Bahamas, which is jointly owned by such institutions as Manhattan's Morgan Guaranty Trust Co., the Royal Bank of Canada and London's Westminster Bank...

Author: /time Magazine | Title: Investment: Pierre as Financier | 9/13/1968 | See Source »

...NASSAU COUNTY, N.Y.--Ours is not a romantic age, and so it's hardly surprising that, except for his green jump suit, Philip (Phil) McGuire with his broad face and fading hairline looked about as ordinary as any other of the dozen or so people sipping beer in a Long Island bar on a hot afternoon last week. Like them, he was relaxing from work, but his line of business was perhaps slightly more demanding than theirs. McGuire had just returned from two months of flying arms and food into the beleaguered African state of Biafra...

Author: By William R. Galeota, | Title: Conversation in a L.I. Bar With a Soldier of Fortune | 8/16/1968 | See Source »

...Sacramento, two youths dropped Molotov cocktail fire bombs outside Governor Ronald Reagan's home when a bodyguard opened fire. Police said the incident was the probable aftermath to a racial disturbance near by. - In Long Island's suburban Nassau County, police acted on a telephone tip and removed a fragmentation hand grenade set to explode at the turn of a heater switch in a car belonging to County Executive Eugene Nickerson...

Author: /time Magazine | Title: Violence: Danger at Home | 7/19/1968 | See Source »

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