Word: olin
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Dates: during 1970-1979
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...rarefied world of 12-meter yachting after the last America's Cup races in 1970. No matter that aluminum-hull boats had never competed in yachting's most prestigious international competition. Designers were convinced that the lightweight metal vessels would be speedier and cheaper to build. Olin Stephens, the world's foremost yacht designer, who conceived three of the last five Cup winners, created Courageous...
Continued Andrews: "He said absolutely nothing revealing. After about five questions, Tiger Teague [Olin Teague of Texas] stood up and said we'd agreed to break it up at 9 o'clock. About half of us had our hands up, and the President agreed to one final question. It was all so pat. And as he left me there in the State Dining Room with my hand up, I thought, 'Good show...
Just since Jan. 1, companies have announced stock repurchases adding up to nearly $1.4 billion-a total already more than double the figure for all 1972. The ranks of the corporate buyers include AMF, American Broadcasting, American Cyanamid, Continental Can, Gulf & Western, INA, Olin Corp., Raytheon and United Aircraft. Gulf Oil, through a tender offer, is acquiring 13 million of its own shares worth around $338 million, making Gulf Chairman Bob Dorsey probably the biggest stock repurchaser ever...
...least three meetings with top businessmen at the St. Louis Club, at a club in Chicago called The Casino and at an Olin Corp. game preserve near Brighton, Ill., Stans has bluntly asked executives to donate stock or cash. His guideline: each executive should contribute up to 1% of his personal net worth. He also has pressed businessmen to hurry up and give as much as possible before April 7 in order to avoid the disclosure of donations required by a law that takes effect on that date. The law was praised by the President because it will give...
...time corporations, banks and law firms. Even the Labor Department, which is supposed to represent labor's point of view to the Administration and vice versa, is top-loaded with former corporate executives. Its high officials are alumni of Lockheed, Ford, Cities Service, American Motors, Bethlehem Steel and Olin. Corporate executives often can approach White House aides as friends. But whatever a businessman's connections, there is no doubt that campaign contributions ease access to any Administration's decision makers. One high White House aide says: "If I give $100,000 and you give $10, of course...