Word: oneness
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Dates: during 1960-1969
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...devoted to his family and the detachment of a lucidly ruthless financier. He moved with an Irish swagger among Presidents, movie stars and corporation bosses, but bequeathed to his sons some of his East Boston toughness. He frequently concealed his taste for classical music lest it be thought effete. One night in the '30s he was listening to Beethoven's Fifth Symphony on a phonograph when a pair of his cronies requested some "hi-di-ho." Scowled Kennedy: "You dumb bastards don't appreciate culture...
...unaware of exactly what they own and where it is: the income matters, not the capital. Informed estimates of the wealth cluster around $400 million, putting the Kennedys well down on the list of the nation's richest dynasties. The fortune is unusual in several respects. It is one of the few modern American fortunes of such size not derived principally from oil. Well over $100 million came from real estate speculation conducted by astute agents after Joe Kennedy had more or less retired from an active business role. Another substantial portion-perhaps $100 million if the managers have...
...year to spend. Like the Boston Yankees from whom he learned so much, Joe Kennedy, in creating the trusts for his children, took precautions, stipulating that control over the principal should pass at stated age intervals. Before his death, the President, on his 45th birthday, had received one-half of the principal held in trust for him, with the remaining half under the discretionary control of the trustees. The wills of the brothers made similar provisions for their heirs...
...One day not many years ago, an enormously successful businessman who had built a corporation from scratch reflected on the career of his friend Joe Kennedy: "Joe was a pure capitalist, not the Wall Street kind. The Wall Street establishment has a bias on the bull side. Joe didn't. He never took responsibility for building or running anything. But he had money sense. He knew what to use his money for-how to have fun with it. Joe bought all those houses. He made all those movies. He understood about buying himself positions in government-London, for example...
...Edge. Only 500 ft. above the surface, Navy Pilot Conrad took control of the LM for the final few seconds of the descent, while Bean read data from the instrument panel: "Forty-two ft., coming down at three [ft. per sec.]. Forty coming down at two. Looking good. Thirty-one, 30 ft., you've got plenty of gas, plenty of gas, Pete. Stay in there. Eighteen ft., coming down. He's got it made. Come on in there. Contact lights!" Although thick dust kicked up by the LM's rocket engine obscured his view during the last...