Word: partner
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Dates: during 1950-1959
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...months ago when four U.S. sergeants stationed at Izmir were arrested on charges of currency black-marketing, and two in turn accused Turkish cops of torturing them (TIME, Aug. 24 et seq.), drags on in the slow-moving Turkish courts. While the State Department, in deference to its NATO partner, tried to hush up the whole affair, NATO Supreme Commander Lauris Norstad dispatched from Paris a personal investigating team headed by Major General Joseph Carroll, a onetime top FBIman, who was commissioned an Air Force Reserve colonel in 1948 to do police work. Carroll and his team made a study...
...have connections with Jamie Records, other record companies, a talent agency, a record-pressing plant, and a production company named Clarkfeld.) Faced with the ABC ultimatum, Clark decided to "divest" himself of his interests in various music firms (he did not specify how). His TV producer and partner in Swan Records, Tony Mammarella, decided to quit ABC in order to stay with the Clark company...
Cheyenne's Clint Walker ($1,500 a week), who has already taken a ten-month leave from the studio to skindive for gold, is ready to take another. Wayde Preston ($500 a week) walked off the set of Colt .45, signed up as a partner in an airplane charter service. "Worst of all," he grumbled, "is the weekly insult-the paycheck. Heck, I can make more money laying bricks than acting...
...Race to Invest. Foreign capital for every sort of enterprise has come in since 1954 at the rate of $225 million annually, some 85% of it from Britain and the U.S. Britain is still Australia's biggest partner, but the U.S. is coming up fast. In 1948 the U.S. had only $115 million invested in Australia; today the kitty amounts to $670 million, and the forecast is for $1 billion in U.S. capital by the end of 1960. All told, 880 U.S. firms now do business in Australia. How well they do is evident from the statistics...
...company's fees were about $1,800,000 a year when Booz retired in 1946 and Hamilton died. The job of coordinating, i.e., managing, partner fell to James L. Allen, then 41, a scholarly Kentuckian with a steel-trap mind for remembering facts and a punch-card sorting machine's ability to organize them. Holding that management analysts should continuously analyze themselves, Allen set up a think department to do nothing but figure out new services the firm could offer to an ever widening circle of clients...