Word: odium
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Chairman Floyd Odium waved gaily at familiar faces. Everybody relaxed under Odium's charm and talked of the Big Deal, Atlas' purported merger with Kaiser-Frazer, which had kept Wall Street and Los Angeles abuzz for three months. Now they expected to hear all about it from the master financier...
...Floyd B. Odium, president of Atlas Corp., chairman of Consolidated Vultee Aircraft Corp. (6-365) and for years a regular Democratic campaign contributor, came out for Ike. Among his reasons for shifting sides: "He can best give us inspiring leadership during a period when we will be needing badly both inspiration and leadership...
...Lodge was definitely headed for the political life. "The discussion of political topics is one of the first things I can remember," he wrote. "An important maxim to remember is 'don't be an amateur.' The job of being a professional politician, in spite of the odium which some persons have falsely attached to it, is a high and difficult...
...Worries. With Barnsdall, Sunray will have total assets-of more than $250 million, more than 3,400 producing oil and gas wells, and big leases in the promising new oil pools-Texas' Scurry County and Canada's Alberta fields. Floyd Odium himself thought enough of Sunray's potentialities to keep an option (until Dec. i) to buy 750,000 shares of its common stock at 12, about where it was last week...
...Odium's big deal put Atlas Corp.'s assets at 75% cash-the first time the company has been that liquid since September 1929, when Odium foresaw the crash and got out of the stock market. Last week, Odium wasn't worrying about another crash. He was relaxing in his heated swimming pool in Indio, Calif., treading water several times a day to help his rheumatoid arthritis and biding his time for another "special situation...