Word: porter
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Dates: during 1950-1959
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...bustles through the messy, male-contrived world of finance like a housewife cleaning her husband's den-tidying trends, sorting statistics, and issuing no-nonsense judgments as wholesome and tart as mince pie. With such forthright energy, the New York Post's Sylvia Porter has made herself the most widely quoted financial writer in the U.S. Her column, "Your Dollar," is studied by Wall Street brokers, Washington economists, Chicago bankers and budget-conscious families from coast to coast. Under the impact of the recession, "Your Dollar's" syndication has almost doubled in the past year...
Clarity & Point. The secret of Sylvia Porter's success is that she writes of complex financial matters in terms that Everyman can understand, shuns the jargon of the financial specialist (which many a businessman-though loath to admit it-does not understand too well himself). She constantly redefines technical terms, turns complex concepts into housewifely images. "I write for a faceless image of myself," says she. "I figure if I'm interested in a subject, other people will...
...economist, Sylvia Porter is sound enough to command the respect of the business community; as historian, she has an instinct for the larger trends too often buried under reports of day-to-day news. She has a genius for translating a snarl of statistics into down-to-earth realities. Her favorite phrase: "What does it all mean...
Married to a young economist named Reed R. Porter, Sylvia landed a job with a Wall Street broker who packed her off to Bermuda with ten suitcases containing $175,000 in gold coin just before the U.S. went off the gold standard in 1933. Sylvia sold the gold for pounds, purchased British bonds, brought them back to the U.S., turned them into dollars for a pretty profit. With this practical experience behind her, Sylvia in 1935 persuaded the Post to hire her as a financial reporter. Three years later the Post warily gave her a column under the byline...
Divorced from Porter in 1941, Sylvia is now married to G. Sumner Collins, promotion manager of the New York Journal-American. At 44, she is a handsome woman with flashing brown eyes, makes the most of her charm and social position in covering her financial beat. At a dinner party last July, she heard businessmen moaning about cutbacks in reinvestment plans and the chances of an ensuing dip in the economy, sat down the next afternoon in her grab-bag office at the Post and pounded out one of the first stories predicting the onset of the recession. Other columns...