Word: ownership
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Dates: during 1960-1969
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...Presidents, particularly Multimillionaire Miguel Alemán, who has a large stake in Mexico City's Continental Hilton hotel, of which Trouyet is chairman. But Trouyet differs from the usual run of Mexican businessmen in two important ways. He does not complain about the government's growing ownership of Mexican business, and he has done more than anyone to encourage public share-ownership in a country where tightly held family businesses are the rule. With a philosophy that enrages the Communists, who have made him their No. 1 target in Mexican business, Trouyet says: "By spreading ownership among...
...Bravo to Goldwater for speaking the truth! The TV A should be placed in citizen ownership immediately...
...ensure wide ownership, individual and corporate purchases would be permanently limited. Total corporate ownership, depending upon how well individual sales go, could be held to 30% or less. The lower the better! This would create an economic monument to American taxpayers, additional dignity for competent TV A employees, and several measures of in security for the politically oriented, smug, libertine bureaucrats...
...imperturbable New Englander and onetime assistant Manhattan district attorney under Thomas Dewey, Tillinghast took over TWA in 1961 after Industrialist Howard Hughes was forced by the airline's lenders to put his 78.2% ownership of TWA in trust. When Hughes began sniping at the new administration, Tillinghast tied him into legal knots with an antitrust suit. He arranged additional financing for more jets, flew the line constantly to check on service, and shifted TWA's image from that of a tourist's to a businessman's airline...
...rian American-Swedish Minerals Co. LAMCO dispatched Geologist Clark to Nimba when almost everyone else in Liberia was searching elsewhere for iron. After Clark's discovery, President William Tubman's government gave the company exemption from taxes and a mining concession until 2023 in return for half ownership of LAMCO. A substantial junior partner in the project, along with LAMCO, is Bethlehem Steel, which invested $55 million and will take one-fourth of Nimba's 7.5 million-ton annual output. The rest will go to German, French and Italian steel plants...