Word: raider
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Dates: during 1950-1959
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...Indiana University ('30), Barr joined Ward's legal staff in 1933, proved his skill by helping to prepare the case that eventually voided President Roosevelt's seizure of Ward's during a 1944 labor dispute and masterminding the successful proxy battle against Raider Louis Wolfson in 1955. Barr still admires his old boss, refuses to criticize him. Says he: "He was one of the nation's best merchandisers. He grew old, that...
...Britain boarded U.S. ships before the War of 1812, and the U.S. boarded vessels at various times thereafter: during the Civil War, in Prohibition days. In the South Atlantic a few months before Pearl Harbor, a party from the U.S. cruiser Omaha boarded and interned the German merchant raider Odenwald, which was masquerading under U.S. colors. The U.S. made a tentative stab at visit and search in 1954, when it asked Britain and other allies to permit U.S. Navy ships to seize any arms shipments bound for revolution-torn Guatemala. Britain's cold reply: "There is no general power...
Playhouse 90 (CBS, 9:30-11 p.m.). Loring Mandel, yet another playwright preoccupied with the fate of Organization Man, tells about a company raider...
...Raider fencers won only five of the nine foil bouts, but their large 8 to 1 rout in the epee matches gave them the win. Anthony Enders posted the only Crimson win in the epee bouts...
...consent decree pledging not to perpetrate "fraud or deceit" on future buyers of A.M.C. shares. SEC action was light wrist slap for Wolfson, who made about $1.7 million in A.M.C. stock dealings, now avoids a public airing of his deals. But in future attempts to move in on corporations, Raider Wolfson probably will have to show on his proxy that he was once restrained by SEC for fraud...