Word: old
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Dates: during 1970-1979
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...started coordinating campaign activities. Young activists with dreams of Camelot II sought him out for jobs. One of the dilemmas facing a Kennedy campaign is what to do about all the earnest amateurs who have started draft-Kennedy movements around the country. As an experienced professional wedded to the old ways of doing business, Kennedy wants to place professionals in charge of local groups, but he does not want to bruise feelings. The draft movements also offer financial advantages. As long as they are not personally connected to Kennedy, they can raise (and spend) as much money as they want...
...Canada had increased its inspections, but its mechanics overlooked the crack in the Boston plane until they re-examined old X rays of the bulkhead after the accident. Last week the FAA ordered U.S. carriers to make a special inspection of their...
...match potential buyers with his latest acquisitions, he installed a sophisticated computer system in the 172-year-old building that housed his gallery. He hired his own broker, trained by Merrill Lynch, to handle his sideline interest in commodities and foreign-currency trading. Said one of his admiring associates: "When I looked into his eyes, I saw a gentleman and a sensitive soul...
...Benedek, he had invested heavily in three separate partnership deals arranged by Straw. One was to purchase a collection of antique furniture. The second was to buy eleven paintings that included a Mary Cassatt and a Winslow Homer. The third involved a spectacular $15 million group of 31 old masters and French impressionists, including a Rembrandt, a Titian, two Renoirs and three rare Seurats. Benedek said he put up $1.5 million for a half share in the first two deals and more than $1.8 million for a smaller share in the third, both paid partly in cash and partly...
...claims, subsequently told him that 17 of the 22 pieces of furniture had been sold, but Benedek was never paid his half share of the proceeds. And although Straw had told Benedek that he had a buyer lined up to pay $19 million for the $15 million group of old masters, no payment appeared from that deal either. Benedek became suspicious and, he claims, asked Straw for proof of purchase and sale. Straw did not furnish it. He wrote Benedek two checks totaling $655,000; both bounced. Then he wrote three promissory notes to cover his debts and, according...