Word: parlaying
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Dates: during 1960-1969
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...most damaging blow was an accusation last January, printed in the news magazine Der Spiegel, that Strauss had profited from a get-rich-quick construction outfit named Fibag (for Finanzbau A.G.), which hoped to parlay $125,000 into $22 million on contracts to build housing for U.S. military personnel. A special Bundestag commission cleared Strauss of any dishonesty, but questioned his prudence in having written letters supporting promoters of the scheme. In his time of troubles. Christian Democratic Party leaders, who have little affection for the burly, baroque Bavarian, were notably restrained in backing him. "I've worked...
...Oxygen. Then in 1949 he began the TV parlay that soon made him television's No. 1 star. He started with Cavalcade of Starpon the old Dumont network, a variety show during the course of which he developed the Gleason characters that were to become as nationally familiar as the face on the $1 bill: Reggie Van Gleason, the patrician sot; Charlie Bratton, the loudmouth; the Poor Soul, who always got into trouble trying to do things for other people; Joe the Bartender, the 3? philosopher-all played by Gleason and all representing some aspect of Gleason himself...
Died. John Daniel Hertz, 82, Austrian immigrant newsboy who became a transportation tycoon by founding the Yellow Cab Co. in Chicago in 1915 and the Hertz Drive-Ur-Self in 1924, later retired to the race track (one possession: Count Fleet), but left off retirement to parlay more fortunes as a partner of Manhattan's Lehman Brothers, and devote his millions to creating an engineering scholarship fund; of a stroke; in Los Angeles...
...65th birthday with a donation to his favorite charity -Research to Prevent Blindness, Inc.-ex-Ophthalmologist Stein promised to "match anything raised up to a million." Last week 19 of his openhanded executives ponied up an even million and forced him to fill out the $2,000,000 parlay. Said part-time Philanthropist Stein: "I guess they've done pretty well here, after...