Word: presidentitis
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Dates: during 1960-1969
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For the officers of many major corporations, the man to see about a particularly complicated loan has been Alden Winship Clausen, vice chairman of the San Francisco-based Bank of America. Outside the corridors of corporate power, however, Clausen is almost unknown. He belongs to few clubs and, unlike many...
Clausen grew up in Hamilton, Ill., where his father, a Norwegian immigrant, owned and edited the local paper. He studied law at the University of Minnesota (LL.B., '49), and got a part-time job counting cash at the Bank of America while preparing for bar exams. After he passed...
A more serious problem is financing. President Nixon has given the Mekong project less support than Lyndon Johnson did. Washington has shortsightedly refused South Viet Nam's request that the U.S. contribute one-fourth of the money to build a $22 million bridge across the Mekong in the southern...
To gain a wider market, Socher and Meyerhoff interested Marsteller in handling the advertising account. Vice President Robert Carpenter, who until then had worked on campaigns for such items as laundry products and hand tools, recalls that his immediate reaction to the Cupid's Quiver assignment was "total shock...
In fact, no one yet knows precisely how much phosphate detergents contribute to the death of lakes. Charles G. Bueltman, vice president of the Soap and Detergent Association, testified last week that "phosphates in surface waters come from many sources, such as fertilizers, runoff from uncultivated lands and forests, human...