Word: potentate
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Dates: during 1960-1969
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...March, Northwest revised its January proposal and offered a complex package of debentures, preferred stock and warrants, then worth about $75, for a share of Goodrich ($50). Keener, who dismissed what he called a "funny money" offer, had assembled a potent band of allies. For legal advice, he had White & Case, the Manhattan firm that masterminded American Broadcasting's successful defense against Howard Hughes last year. As investment bankers, he had First Boston Corp. To burnish Goodrich's image, Keener used three public relations firms, among them Hill & Knowlton, the world's biggest...
There should be no shortage of talent next year, either. The attack is returning intact, with Cle Landolt and Phil Zuckerman combining with Ince. Zuckerman is fourth in Ivy League scoring to give the Crimson one of the most potent attacks in the circuit. The midfield returnees in addition to Regan are Rick Frisbee and the sophomore third line of Bucky Hayes, Charley Scott, and Ted Rumsey, the boy with the flashy motorcycle. Harvard's defensive unit was statistically about the most porous in the league, though it did not really seem that weak at all. Don Gogel, Bill Bennett...
Cynical Egyptians have a saying that "in Iraq, Nasser wouldn't last six months. Here he can last forever." The reason is a pervasive, fatalistic apathy. One potent force for reform might be Egypt's students. Last year they took to the streets demanding an end to "the society of coined slogans" and of harsh regulations on their conduct. Nasser smoothly promised to grant every one of their requests?as soon as the Israelis departed from Egypt. With nothing else to be said, the students returned to class. "If we tore up the country, only the Israelis would benefit," said...
...modest run on the wobbly franc after Charles de Gaulle resigned and speculators became convinced that France would order a long-anticipated devaluation (TIME, May 9). Then, last week, the attack on the franc turned into a far more disruptive rush to buy West German marks. Convinced that economically potent Germany must soon raise the official value of its robust currency, speculators and more conservative businessmen all over the world swapped their money for marks in the expectation of a quick profit. A speculator who converted $2,500,000 into marks, for example, stood...
Shouldered Burden. One result of this shifting balance could well be a French decision to bring Britain into the Common Market as a counterweight to the increasingly potent neighbor across the Rhine. De Gaulle favored a "Europe of nation-states" and doubted that political union was possible or desirable. The U.S. has long backed British membership, as have France's five Common Market partners; Pompidou has already indicated that he thinks British entry is not forever out of the question. If the French now help to make Britain more firmly a part of Europe, what may finally come about...