Word: partner
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Dates: during 1960-1969
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...year, plus stock options, as chairman of the Continental Illinois National Bank and Trust Co. Maurice Stans (Commerce) has been grossing about $250,000 as president of the investment-banking firm of Glore Forgan, William R. Staats, Inc., and as a member of other corporate boards. Nixon Law Partner John Mitchell (Attorney General) has been earning more than $200,000. Winton Blount (Postmaster General) is the nonsalaried president of the U.S. Chamber of Commerce, but his Alabama-based construction company has had contracts this year involving more than $100 million. He says his personal income has been "several times...
Much of U.S. Steel's recent activity bears the imprint of Ed Gott, who helped launch the modernization drive and has pressed for diversification. In replacing Blough, who will become a partner in the Manhattan law firm of White & Case, where he worked before joining U.S. Steel in 1942, Gott is naturally careful to give his predecessor proper credit. "We're only trying to complete what Blough started," he says. One of Gott's goals is to lift the company's share of the steel market back up to 30% within the next several years...
...proved an acute embarrassment. It embroiled him in a number of skittish skirmishes with women, all pretty and all too young. Like a "just-fledged owlet," as he put it, he began by pining helplessly for Adele Domecq, the dazzling but unobtainable daughter of his father's business partner (Father was a sherry merchant). Much later in life, when he was past 50, he fell tragically in love with a nine-year-old girl named Rose La Touche...
...idea of presenting Nixon's Cabinet nominations on TV had been kicked around by the staff at his Pierre Hotel headquarters in Manhattan for several weeks, and one of its staunchest advocates was Law Partner Leonard Garment-top media adviser in the campaign and one of the men who devised the question-and-answer TV format that Nixon used to good effect around the U.S. CBS Executive Frank Shakespeare, another Nixon TV counselor, hurried back from a Rio de Janeiro va cation early in the week and had the show ready to go on camera in a hectic...
Many brokers contend that it is right because the small investor does not pay his way. James W. Davant, managing partner of Paine, Webber, argues that the cost of handling stock transactions is rising so rapidly that brokerage houses lose money not only on the odd-lot business but also on the average "round-lot" trade of 100 shares or more. "It is unprofitable to serve the investment needs of the small investor," he says bluntly. Brokers make money on the really big trades-and those profits too have been...