Word: presidentitis
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Dates: during 1960-1969
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Yours for shaping up, I. M. Garment, President Uptight Underwear, Inc.
The son of a furrier, Julius Jennings Hoffman grew up in Chicago, graduated from Northwestern University Law School and went into corporate practice. At 33, he married Eleanor H. Greenebaum, whose family controlled what became the Brunswick Corp., which makes bowling alleys and other products. He served as the company...
On three occasions in 1963, Atlanta Lawyer Robert B. Troutman Jr. spoke to his friend, President John F. Kennedy, about a matter of interest to the Southern Railway Co. As a result, Kennedy asked his staff to discuss the case with the Justice Department, which decided to support the company...
When Troutman tried to collect a fee, however, the company balked at paying. Troutman sued. When the case recently reached a federal court in Atlanta, a company vice president said that he had asked Troutman to use his influence, not to practice law. Moreover, the company argued, a court can...
THOUGH he is normally one of the more obscure figures in Washington, the Chairman of the Federal Reserve Board has greater influence over the daily lives of all U.S. citizens than almost anyone except the President who appoints him. By performing some of the more arcane maneuvers in the realm...