Word: odium
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...equals the cost of philanthropy. A foundation can also be used, as was the Ford Foundation, to help a family retain control of a company, or to promote a pet idea, e.g., the Odlum-Cochran Foundation spends some of its money on psychic research, a hobby of Financier Floyd Odium's wife. From a businessman's point of view, probably the most important byproduct of a foundation is the good will created for a company...
From such a bleak beginning, Jackie Cochran became a beautician, a nurse, a good airplane pilot, and the wife of Multimillionaire Floyd Odium. After her marriage, Jackie's career (or careers) soared upward like a jet plane. As the head of her own nationally known cosmetics firm, she is a keen and successful business woman. As the U.S.'s No. 1 aviatress, she has won scores of awards, set dozens of records, was the first woman to break through the sound barrier. During World War II she headed the women pilots' ferrying service, the WASPs...
...feminine caprice: Jackie Cochran has long had a hankering to go to Congress, and, unlike many of the big landowners in the Imperial Valley (40% of the land is held by absentee owners), she has spent a great deal of the past 20 years personally operating the 600-acre Odium ranch, and is well known in the district...
FLOYD ODLUM is nearing agreement with Howard Hughes on a deal to merge his Atlas Corp. with Hughes's RKO Pictures Corp., the parent holding company that Hughes retained after selling off its moviemaking subsidiary, RKO Radio Pictures. Under the deal, Odium will issue one share of Atlas stock for each 5% shares of RKO. In return, he will get no plants or production, but some important assets: $15 million worth of U.S. Government bonds and a $30 million capital-loss tax carryover, which Odium can apply against profits in other ventures...
URANIUM will continue indefinitely as the primary fuel for peaceful uses of atomic energy, predicts Atlas Corp. President Floyd Odium, and widespread use of thorium is years away. By 1965, he estimated, the U.S. will need 4,000,000 tons of uranium ore yearly, far more than is being mined today...