Word: partner
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Dates: during 1960-1969
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...final defense witness was Fred Black Jr., a partner in Baker's ill-starred vending-machine venture and himself under indictment for income tax evasion. Black told of sitting in a car with Kerr in Poteau, Okla., in late 1962: "Senator Kerr was concerned because he said he had advanced Mr. Baker $50,000 out of what he called 'cam- paign contributions,' and he would have to replenish it out of his own pocket if he couldn't pay." Baker had testified earlier that Kerr canceled the debt just before he died...
...founders are still experimenting with unusual lighting effects. If you dance near one of the high frequency stroboscopic lights, your partner's smooth motion becomes a panorama of frozen positions superimposed on each other. Soon an IBM computer will be moved in to help control the blinking red and blue lights. And if you take your date over to a corner, about all you can see in the ultraviolet light is her glowing blouse and nail-polish...
...wind up with two seats on Columbia's board of directors. Last week Reyre reached across yet another border by announcing that Paribas has acquired a share in the West German business bank of S. J. Warburg. "He is very smart, very brave," says admiring Frank Manheim, a partner in Manhattan's Lehman Bros. "And he knows what he wants: to be the biggest banker in France...
Some Problems. The liaison was well known in Mayfair circles, but last week, when the earl's wife started divorce proceedings on grounds of adultery, it became public knowledge. It was the first time that a member of the royal family had been named as the guilty partner in such a suit. The earl will not contest the case; he intends to marry his new lady "if and when they are legally free...
...other prospective borrowers, such as the Scandinavians, sent interest rates on medium-term bonds of five to ten years' maturity up as high as 7%. Recently, however, the demand for bond money has been more orderly -and more money seems to be available for everyone. Robert Genillard, European partner of the Manhattan investment banking firm of White, Weld & Co., points out that the Eurobond market, now $1.3 billion, is nearly three times as large as it was in 1962. Says he: "While American borrowers accounted in 1966 for around 40% of the flotations, what is left for others...