Word: profiteer
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Dates: during 1960-1969
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...newcomer, though, is any match for the Boston supershoppers. Money pinned to their bras, they spend part of every business day prowling the basement's depths while TV cameras and store detectives with walkie-talkies watch. Though some supershoppers resell their bargains at a profit, the most sophisticated brave the basement for the thrill of the hunt. Such is Mrs. Josephine Conroy of Needham, Mass., an attractive, smartly attired (all in Filene's bargains) grandmother...
...become a classic in corporate tactics. But Northwest emerged as the largest single stockholder, with 16% of Goodrich's shares. That was a sufficient threat to spur Goodrich's chairman, Ward Keener, to make good on his promise in the heat of the takeover battle to "improve profit margins...
Goodrich's profits have lagged behind those of its prime competitors. Last year the company earned only 3.9% on sales of $1.1 billion, compared with 6% for the industry's most profitable major operator, Firestone. After Northwest's takeover attempt, Keener, who was paid $240,000 last year, allotted each of the divisions a profit target and rigorously trimmed back on money-losing operations. Last week, six days before Christmas, Goodrich closed down a rubber footwear plant in Watertown, Mass-and with it went the jobs of 950 employees. In that case, the closing had been announced...
...Profit Alone. Clausen's main challenge will be continuing the bank's phenomenal expansion. During Peterson's six-year tenure, assets have risen from $14.7 billion to more than $25 billion, and the number of foreign branches has expanded from 44 in 1966 to 96 now. Four years ago the BankAmericard operation counted 1,300,000 cardholders in California; it now has 27.5 million cardholders in 48 states and 40 foreign countries, and is adding a million new customers a month...
...would rather tie a man to a jukebox and heave him into the ocean, cuts a moronic upstart young hood named Kid Sally Palumbo in on the action in order to pacify Palumbo and his murderous followers. Kid Sally, who "couldn't run a gas station at a profit even if he stole the customers' cars," bungles the operation and then sets out to knock off Baccala and his gang. Caught in the crossfire is a ludicrous love interest between Palumbo's sister and an artistic con man imported from Italy to take part in the aborted...