Word: ponts
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Dates: during 1970-1979
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More fundamentally, the stock market is mirroring the business and financial community's deepening lack of confidence in Jimmy Carter's management of the economy. Says Du Pont Chairman Irving Shapiro: "I still think he is a man of great ability. But he let himself get diverted by political slogans rather than sticking to his knitting." Adds James M. Howell, chief economist for the First National Bank of Boston: "Businessmen thrive on certainty. The President has bitten off half a dozen big projects, and all of them generate a tremendous amount of uncertainty...
...Harvard is going to be a tennis superpower, a neo-Princeton," Clarke said. "Except we don't play in turtlenecks and alligators," Pier pont added...
...Pont estate also owned 52% of Florida National-but in 1966 Congress forbade charitable trusts to hold interests in both banking and nonbanking businesses. Disposition of the estate's stock in the bank holding company then became the cause of a skirmish between Ball and Fellow Trustees Dent and William B. Mills, a former bank president jr a long, complicated fight, Ball a few months ago found a way to meet the letter of the law without losing control-the r individual owners of the bank holding company's stock-including Ball himself -voted to buy the estate...
...will stipulates that earnings from the estate be used to aid the crippled children of Delaware, a research institute and a hospital. For starters, Mills and Dent want the estate to sell off St. Joe Paper Co. and use the income to help the estate-funded Alfred I. du Pont Institute in Wilmington, Del. Says Ball...
...oldest families, quit school early and moved from job to job in search of fame and fortune. He was peddling law books when his sister Jessie became Alfred du Font's third wife, and shortly afterward Ball was hired as the millionaire's aide Du Pont, a onetime chief director of the family business, had been forced out in a corporate power play and was seeking to build an empire of his own in Florida Before and during the Depression, Ball made regular swings through Florida for Du Pont, buying up businesses and land at bargain prices. When...