Word: polk
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Dates: during 1960-1969
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Last week Aubrey returned to power. Las Vegas Financier Kirk Kerkorian, who a month ago won control of Metro-Goldwyn-Mayer, picked him to be the company's new president to replace Louis ("Bo") Polk Jr., 39, who was fired. Polk had been chosen only last January by Edgar M. Bronfman, whose 16% holding in the company was the largest until Kerkorian bought roughly a 40% share for about $100 million. (Time Inc. owns 5%.) Bronfman and one of three other directors representing his interests quit the 19-man board last week...
Smelling the Public. Kerkorian hopes that Aubrey, whom he met for the first time only two weeks ago, can put new vigor into the ailing MGM lion. Kerkorian wanted a show business veteran to replace financial man Polk, but his choice for the presidency, Herb Jaffe, a vice president of United Artists, turned the job down. Gregson Bautzer, the Los Angeles socialite lawyer who counts both Kerkorian and Aubrey among his clients, introduced the two men at the Beverly Hilton and recommended Aubrey for the job. Bautzer's sales pitch: "Jim Aubrey has a real good sense of smell...
...stock. (TIME Inc. owns 5%.) Bronfman strongly opposed Kerkorian's first tender offer but took no position on the second. Kerkorian flew to Manhattan last week to meet MGM executives but kept silent as to whether he will try to oust Bronfman or President Louis ("Bo") Polk from their MGM posts...
Raising Hell. To revive interest, some firms have been forced to provide more outlets for the idealism of the young. Davis, Polk & Wardwell, as well as other well-established Manhattan firms, cooperate in programs whereby their junior staff members work one night a week at Legal Aid Society offices in ghetto neighborhoods. The young lawyers are allowed to take the firm's time during the day to handle the cases of the poor who seek their services at night. Going one step farther, a Baltimore firm-Piper & Marbury-plans to open its own office in the city...
Your misleading statement, which would include as Wasps such Presidents as Thomas Jefferson, James Monroe, Andrew Jackson, James Knox Polk, James Buchanan, Rutherford B. Hayes, William McKinley and Woodrow Wilson, stuns my Celtic image. They were Celts...